$675,000

For sale

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1320 Rocky Heights Road, Kenora (Lakeside) - Single Family for Sale

1320 Rocky Heights Road, Kenora (Lakeside), Ontario, P9N4G9

3 beds2 baths3 parking ft²

345 8th Ave Avenue South, Kenora (Lakeside), Ontario, P9N2H5

3 bd2 ba7 pk1,300 ft²Lot size 50 × 150 ft (7,500 sq ft)

Listed by REMAX First Choice Realty Ltd.

348 Eighth Avenue South, Kenora (Lakeside), Ontario, P9N2H6

For sale

12 days ago

$250K

348 Eighth Avenue South, Kenora (Lakeside), Ontario, P9N2H6

3 bd1 ba4 pk900 ft²Lot size 50 × 150 ft (7,500 sq ft)

Listed by Shelley Torrie Home and Cottage Realty

110 Lakeside Crescent, Kenora (Lakeside), Ontario, P9N4H4

For sale

226 days ago

$2.00M

110 Lakeside Crescent, Kenora (Lakeside), Ontario, P9N4H4

4 bd4 ba

Listed by Re/Max NorthWest Realty Ltd.

Investment analysis

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$675,000

Kenora

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Overview

This 3-bedroom, 2-bathroom home in Kenora is for sale offering roughly 2,250 sq ft of space. Its $675,000 asking price sits right in line with the $675,000 median in Kenora. It has been on the market 14 days, fresher than the Kenora average of 114 days.

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Description

This exceptionally private waterfront property is at the end of the road with gated entry & situated on 12 acres with frontage on Laurensons Creek & just 5 minutes to city center and offers over 2100 s/f & two independent living spaces. The upper level is a 1-bedroom apartment with access to rooftop deck. Main floor level is a 2-bedroom apartment with 22' x 40' timber frame pergola and attached single stall garage. Recent upgrades include propane high effic. heating system & drilled well. Development Potential - Lots of Room to Roam! (id:66096)

Property Details

MLS®: X14104796
Property Type: Single Family
Zoning: RU
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 2000 × 261 ft (12.00 acres)
Frontage: 2,000 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Wood
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $5,294.33/yr
Listed: 14 days ago

Rooms

Main level

Living room: 7.62 x 4.12 meters
Kitchen: 3.66 x 2.9 meters
Pantry: 2.67 x 1.68 meters
Dining room: 2.9 x 2.24 meters
Bedroom: 4.42 x 4.27 meters
Bedroom 2: 4.34 x 2.74 meters
Bathroom: 4.34 x 2.36 meters

Second level

Bathroom: 2.06 x 1.63 meters
Living room: 3.81 x 3.73 meters
Kitchen: 5.39 x 4.98 meters
Bedroom 3: 5.41 x 3.66 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Wooded area, Irregular lot size, Sauna

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Kenora (Lakeside) listings, avg age

114d

Price / ft²

$300

List price

$675K

Homes here sell close to asking price

Homes in this market sold for an average of 102.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P9N)

This home lists at $675,000, about 8.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.

Median household income: $83,000
Population: 14,088
Median age: 43.6
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P9N)

$675,000· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,500.00

Min 6.30%50%

Mortgage payment$3,507/mo

↳ CMHC premium ($25,300 capitalized)

Property tax (est.)$441/mo

Total monthly$3,948

Cash Needed to Close

Down payment (6.30%)$42,500

Land transfer tax$9,975

Est. closing costs$4,525

Total cash needed$57,000

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1320 Rocky Heights Road, Kenora (Lakeside) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P9N)

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Full Cost Breakdown