$479,000

For sale

1382 Echo Ridge Road, Kearney - Single Family for Sale

1382 Echo Ridge Road, Kearney, Ontario, P0A1M0

2 beds1 bath5 parking350 ft²293 × 518 ft (3.48 acres) lot sizeListed 83 days ago

Overview

This 2-bedroom, 1-bathroom home in Kearney is for sale offering roughly 350 sq ft of space. It has been on the market 83 days, fresher than the Kearney average of 101 days.

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Description

NEW PRICE!! ENJOY LAKE ACCESS WITHOUT THE WATERFRONT PRICE! Welcome to the Cozy Kearney Cabin-a beautifully updated 4-season cottage set on 3 private, forested acres in the heart of the Algonquin region. This charming 2-bedroom, 1-bathroom retreat offers modern refinement paired with authentic cottage character, featuring a drilled well, septic system, driveway, hydronic floor heating and an inviting wood stove. Enjoy the peace and privacy of your own forested property, with public access to the sandy shores of Peters Lake just beyond the property line-perfect for swimming, fishing and paddling. Thoughtfully updated and ready to enjoy, this is an exceptional opportunity to own a turn-key cottage retreat without the premium cost of true waterfront ownership. Come relax, unwind and enjoy the tranquility of cottage country! (id:66096)

Property Details

MLS®: X13670618
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 350 ft²
Lot Size: 293 × 518 ft (3.48 acres)
Frontage: 293 ft
Style: Log house/cabin
Basement: None
Heating: Radiant heat, Propane, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $777/yr
Listed

Rooms

Main level

Living room: 3.12 x 4.68 meters
Kitchen: 2.84 x 4.68 meters
Primary Bedroom: 4.91 x 3.1 meters
Bathroom: 4.91 x 1.39 meters

Upper Level

Bedroom 2: 2.74 x 4.33 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Foundation: Concrete, Wood/Piers
Exterior: Wood

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Kearney listings, avg age

101d

Price / ft²

$1,371

List price

$479K

Homes here sell slower than most markets

Sold homes in this market spent an average of 69 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 90.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Kearney has been listed for 83 days, which is 18 days fresher than the city average of 101. Act while there is still low competition.

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Listed by Keller Williams Experience Realty · DAVE MCMURRAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $479,000, about 7.0× the local median household income of $68,000.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$479,000· $1,371/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,950

Min 5%50%

Mortgage payment$2,523/mo

↳ CMHC premium ($18,202 capitalized)

Property tax (est.)$65/mo

Total monthly$2,588

Cash Needed to Close

Down payment (5%)$23,950

Land transfer tax$6,055

Est. closing costs$3,937

Total cash needed$33,942

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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