$799,900
Highlands East
1851 Contau Lake Road, Highlands East (Glamorgan), Ontario, K0M1R0
This 2-bedroom, 2-bathroom home in Highlands East is for sale offering roughly 2,250 sq ft of space. It has been on the market 63 days, fresher than the Highlands East average of 105 days.
Discover a truly unique live-work-recreation opportunity on a beautiful forested 16-acre property comprised of two side-by-side 8-acre lots. This one-of-a-kind offering features a massive 50x80 Kodiak steel building with integrated barndominium-style living quarters and an impressive 50x50 shop. The living area offers approximately 1,500 sq ft plus an 800 sq ft loft, with an open-concept layout designed for practical country living. An occupancy permit has now been issued, with completion of the ensuite bathroom being the only item remaining for final occupancy per the Building Department. Remaining interior finishing includes kitchen countertops, the ensuite bathroom and boiler for the roughed-in in-floor heating, to be completed by the Buyer. An installed mini-split provides efficient heating and cooling. The expansive shop offers incredible versatility for contractors, hobbyists, equipment, recreational toys or a home-based business, with 400-amp electrical service, drilled well, HRV system and brand-new appliances. All related building documentation is available upon request, including septic and well records, water sample, building plans, insulation record, ESA certificate, and in-floor heat plan. Outside, enjoy a scenic pond reaching approximately 14 ft deep in areas and primed to be stocked with fish. Located less than 1 km from a public boat launch into Contau Lake and surrounded by exceptional opportunities for hunting, trail riding, snowmobiling, boating and fishing, this rare property offers the flexibility to live, work, play and create your own vision in a peaceful country setting. HST is in addition to the purchase price. Taxes to be reassessed. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 63 days on market, against an average age of 105 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Highlands East (Glamorgan) has been listed for 63 days, which is 42 days fresher than the city average of 105. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 10.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0M)
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Loading rates, 30-yr amortization
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