$1,150,000
Kearney
1869 HIGHWAY 518, Kearney, Ontario, P0A1J0
This 5-bedroom, 3-bathroom home in Kearney is for sale offering roughly 1,300 sq ft of space. It has been on the market 84 days, fresher than the Kearney average of 101 days.
This is the lakehouse everyone wants to be invited to. Set on beautiful Hassard Lake, this 5-bdrm, 3-full-bath waterfront home was made for weekends with friends, big family gatherings & long summer days that turn into even longer nights.Better yet? It has a proven track record, generating approx $72k in annual gross rental revenue.There is SERIOUS room to entertain here. With two separate living areas, two dining areas and a full bar downstairs, everyone can spread out without ever feeling disconnected. Stock up for the weekend because you've got three fridges, and when the party's over, two dishwashers make cleanup a whole lot easier.Outside, the level lot makes getting to the lake effortless. Challenge your friends to a game of horseshoes, head out on the water, pull up a chair with a cold drink or let the kids and dogs run around while everyone settles into lake time. This is the kind of place where your friends arrive Friday night and somehow nobody wants to leave Sunday.The walkout lower level keeps the fun connected to the outdoors, while the heated double-car garage gives you plenty of room for vehicles, boats, & snowmobiles. And when summer ends? Lakehouse 518 keeps going.With ATV and snowmobile trails at your doorstep, a connected chain of lakes to explore and Algonquin Park in your backyard, Kearney is a four-season playground. Known as Ontario's "Biggest Little Town," it's one of Northern Ontario's best-kept secrets - with the LCBO, restaurants, & local businesses. Huntsville is an easy 20min drive away. Use it as your family cottage. Make it your year-round home. Continue its success as an income-producing vacation property. Or do a little bit of all three.With five bedrooms, multiple entertaining spaces, incredible outdoor recreation Lakehouse 518 isn't the cottage where you wonder what you're going to do all weekend.It's the cottage where everyone asks, "When are we coming back?" Bring the family. Bring the friends. Bring the toys.Meet me at the l (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 84 days on market, against an average age of 101 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 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.
This 5-bed single family in Kearney has been listed for 84 days, which is 17 days fresher than the city average of 101. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,150,000, about 16.9× the local median household income of $68,000.
Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 230% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.