$549,900

For sale

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1499 Highway 7, Kawartha Lakes (Oakwood) - Single Family for Sale

1499 Highway 7, Kawartha Lakes (Oakwood), Ontario, K0M2M0

2 beds2 baths7 parking ft²

907 Highway 7, Kawartha Lakes (Oakwood), Ontario, K0M2M0

3 bd2 ba4 pk1,750 ft²Lot size 88 × 330 ft (29,040 sq ft)

Listed by Royal Lepage Kawartha Lakes Realty Inc.

35 Grant Drive, Kawartha Lakes (Oakwood), Ontario, K0M2M0

For sale

10 days ago

$830K

35 Grant Drive, Kawartha Lakes (Oakwood), Ontario, K0M2M0

3 bd3 ba8 pk2,750 ft²Lot size 57 × 219 ft (12,385 sq ft)

Listed by Royal Lepage Kawartha Lakes Realty Inc.

4 Flora Street, Kawartha Lakes (Oakwood), Ontario, K0M2M0

For sale

28 days ago

$830K

4 Flora Street, Kawartha Lakes (Oakwood), Ontario, K0M2M0

4 bd3 ba6 pk2,750 ft²Lot size 126 × 136 ft (17,138 sq ft)

929 Eldon Road, Kawartha Lakes (Oakwood), Ontario, K0M2M0

4 bd3 ba10 pk1,750 ft²Lot size 213 × 417 ft (2.04 acres)

Listed by Royal Lepage Kawartha Lakes Realty Inc.

Investment analysis

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$549,900

Kawartha Lakes

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Description

Located less than 10 minutes from Lindsay in Oakwood, this well-maintained 1102 sq. ft. bungalow sits on a large 100 x 183 ft. lot backing onto farmers' fields. The home offers 2 bedrooms, 2 full bathrooms, a bright sunroom overlooking the backyard, and a full-height basement with a kitchenette and abundant storage. Additional heating and cooling is provided by an efficient heat pump. The property also includes a detached 294 sq. ft. single-car garage with hydro, making it an excellent option for storage, hobbies, or a workshop. (id:66096)

Property Details

MLS®: X13621262
Property Type: Single Family
Zoning: RR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 100 × 183 ft (18,300 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Heat Pump, Forced air, Oil, Electric
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,122/yr
Listed: 98 days ago

Rooms

Main level

Foyer: 3.87 x 1.99 meters
Living room: 3.57 x 5.68 meters
Dining room: 3.42 x 2.47 meters
Kitchen: 3.42 x 3.26 meters
Sunroom: 3.01 x 3.51 meters
Bathroom: 3.03 x 1.52 meters
Primary Bedroom: 4.55 x 3.55 meters
Bedroom: 3.03 x 2.88 meters

Lower level

Bathroom: 1.21 x 3.28 meters
Laundry room: 3.28 x 5 meters
Family room: 5.36 x 3.59 meters
Dining room: 2.43 x 3.35 meters

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

Area context

Neighbourhood profile (K0M)

This home lists at $549,900, about 6.9× the local median household income of $80,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $80,000
Population: 53,815
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K0M)

$549,900· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$260/mo

Total monthly$3,143

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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1499 Highway 7, Kawartha Lakes (Oakwood) - Single Family for Sale

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Description

Property Details

Rooms

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Neighbourhood profile (K0M)

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