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$579,000
Joly
80 Cedar Lane, Joly, Ontario, P0A1Z0
This 3-bedroom, 1-bathroom home in Joly is for sale offering roughly 900 sq ft of space. Listed at $579,000, it is attractively priced about 5% below the $609,000 median asking price in Joly.
Nestled on the shores of beautiful Forest Lake, this fully winterized 3-bedroom cottage offers the perfect blend of comfort, charm, and year-round enjoyment, all just 15 minutes from Sundridge. Set on an elevated west-facing lot, the property captures stunning panoramic lake views and unforgettable sunsets from the expansive deck, creating the ideal backdrop for relaxing weekends or family gatherings. Inside, the warm and inviting open-concept living space is designed for easy cottage living, while full insulation and a Generac backup system provide peace of mind and comfort in every season. Whether you're looking for a personal getaway, a family cottage, or an affordable waterfront escape with rental potential, this property checks all the boxes. A gentle path leads to the shoreline, where you'll find a lakeside boathouse perfect for storing canoes, kayaks, paddleboards, and fishing gear. Enjoy clean, swimmable waterfront and calm waters ideal for boating, swimming, and making lasting summer memories. A detached single-car garage adds valuable storage space for tools, snowmobiles, ATVs, or outdoor equipment. Affordable waterfront opportunities like this don't come along often - especially on a quiet, picturesque lake with four-season access and so much to offer. Escape the city and start enjoying cottage life on Forest Lake. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 181 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 3-bed single family in Joly is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $579,000, about 8.5× the local median household income of $68,000.
Carrying it typically needs a household income of about $113,099 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice