$229,999

For sale

1186 Fantham Road, Kapuskasing (Fauquier) - Single Family for Sale

1186 Fantham Road, Kapuskasing (Fauquier), Ontario, P0L1G0

3 beds1 bath6 parking900 ft²Listed 73 days ago

Overview

This 3-bedroom, 1-bathroom home in Kapuskasing is for sale offering roughly 900 sq ft of space. Its $229,999 asking price sits right in line with the $229,999 median in Kapuskasing. It has been on the market 73 days, fresher than the Kapuskasing average of 88 days.

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Description

Escape to your own Northern Ontario retreat! Nestled among mature trees in the welcoming community of Fauquier, this beautifully maintained 4-season cottage offers the perfect place to relax, entertain and make lasting family memories. Approximately 750 sq. ft. including the sunroom, this charming cottage is filled with warm pine and features cathedral ceilings, a cozy wood stove, 3 bedrooms (1 main floor and 2 loft), full bathroom with tub/shower, electric heat and A/C.Outside is where this property truly shines! Enjoy an expansive deck, above-ground resin pool, full-size hot tub in a screened gazebo and a beautiful fire pit area surrounded by trees. The sale includes TWO adjoining leased lots, with the corner lot providing fantastic extra space for family gatherings, guest camping, recreation or additional parking. Located directly across a quiet road from the lake and surrounded by Northern Ontario wilderness. Year-round maintained road with weekly garbage and recycling service. Water softener and certified reverse-osmosis drinking water system. Fridge, stove, washer, dryer, most furniture, dishes and many household items are included-making this a wonderful turnkey getaway. Combined lease and road maintenance fees for both lots are only $2,400/year. Come experience the peace, privacy and charm of Northern cottage life! *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: T13704460
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Storeys: 1
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Ownership: Leasehold
Property Tax: $1,726/yr
Listed: 73 days ago

Rooms

Main level

Kitchen: 5 x 4 meters
Living room: 3.99 x 4 meters
Bedroom: 4 x 4 meters
Bedroom 2: 4 x 3 meters
Bedroom 3: 4 x 3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Treatment, Water Heater
Foundation: Wood
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Water: Lake/River Water Intake
Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

Kapuskasing (Fauquier) listings, avg age

88d

Price / ft²

$256

List price

$230K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 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 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Kapuskasing (Fauquier) has been listed for 73 days, which is 15 days fresher than the city average of 88. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0L)

This home lists at $229,999, about 3.0× the local median household income of $77,500.

Carrying it typically needs a household income of about $44,927 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 22,859
Median age: 42
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0L)

$229,999· $256/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,499.95

Min 5%50%

Mortgage payment$1,211/mo

↳ CMHC premium ($8,740 capitalized)

Property tax (est.)$144/mo

Total monthly$1,355

Cash Needed to Close

Down payment (5%)$11,500

Land transfer tax$2,025

Est. closing costs$3,190

Total cash needed$16,715

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