$2,999,900
Joly
1883 Forest Lake Drive, Joly, Ontario, P0A1Z0
This 4-bedroom, 2-bathroom home in Joly is for sale offering roughly 1,750 sq ft of space.
Private Lake with 200 Acres! Welcome to 1883 Forest Lake Road! An exceptional 200+ acre estate featuring its own spring-fed private lake. Laural Lake is crystal clear, spans approximately one mile in circumference and reaches depths of 60 feet (according to MNR data), offering a rare level of seclusion and natural beauty. Enjoy swimming, paddle boarding, kayaking and the lake offers great fishing! This updated four-season home or retreat is nestled in a peaceful, wooded setting surrounded by nature. The open-concept main floor showcases vaulted ceilings, picturesque views from the wall of windows, and a striking double-sided granite stone fireplace. The fully finished lower level includes an additional bedroom, a versatile den, workshop / storage room, and a spacious recreation room-perfect for family living or entertaining. Outdoor enjoyment is effortless with a three-season Muskoka room, a large deck, a built-in BBQ, two large docks, and a lakeside sauna. Additional highlights include a double detached garage with carport for toys & gear and your own tennis court (or change to pickle ball). Miles of scenic trails wind around the lake, inviting exploration and outdoor adventure. Just minutes from the town of Sundridge and all its amenities, including grocery stores, LCBO, banking, schools, veterinary services, restaurants, and beautiful beaches on Lake Bernard. Additionally, fishing, hunting, hiking, bicycling and water sports are popular activities in the area. This property offers significant development potential, this is a truly unique opportunity to own a private lakefront estate in a highly desirable location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 125 days on market, against an average age of 125 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 87 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 87.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Joly has been listed for 125 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $2,999,900, about 44.1× the local median household income of $68,000.
Carrying it typically needs a household income of about $585,985 (20% down, 25-yr amortization, stress-tested) — roughly 762% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.