$449,000

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0 Nicoll Road, Britton Twp., Kenora Remote Area (Richan) - Single Family for Sale

0 Nicoll Road, Britton Twp., Kenora Remote Area (Richan), Ontario, P8N2Y5

0 beds0 baths5254 × 2667 ft (321.68 acres) lot sizeListed 135 days ago

3523 Richan Road, Kenora Remote Area (Richan), Ontario, P8N3G2

2 bd2 ba10 pk1,300 ft²Lot size 2776 × 1646 ft (104.89 acres)

Listed by Austin & Austin Realty

#7 143 Marion Road, Kenora Remote Area (Richan), Ontario, P8N3G2

For sale

30 days ago

$135K

#7 143 Marion Road, Kenora Remote Area (Richan), Ontario, P8N3G2

3 bd2 ba4 pk1,300 ft²

Listed by Sunset Country Realty Inc.

Investment analysis

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$449,000

Kenora Remote Area

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Description

320 Acres, miles of trails, completely surrounded by crown land in an unorganized area, 15 minutes from Dryden in between Hwy 605 & 665 this hunting paradise awaits you. 2 separate 160 acre lots each with a cabin, 1 fully modern, the other awaits finishing. Trails to access Rubgy Lake, 5 foot plots, Drive right in, bring your gear and start hunting, the work has all been done. (id:66096)

Property Details

MLS®: X13474854
Property Type: Single Family
Zoning: Unorganized
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Lot Size: 5254 × 2667 ft (321.68 acres)
Frontage: 5,254 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Propane, Wood, Other
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $358/yr
Listed: 135 days ago

Market Timing

Days on market

135d

Kenora Remote Area (Richan) listings, avg age

58d

List price

$449K

Homes here sell slower than most markets

Sold homes in this market spent an average of 77 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (P8N)

This home lists at $449,000, about 5.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $83,000
Population: 9,619
Median age: 48
Owner / renter: 75% / 25%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P8N)

$449,000

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$30/mo

Total monthly$2,395

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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0 Nicoll Road, Britton Twp., Kenora Remote Area (Richan) - Single Family for Sale

Rental cashflow calculator

Description

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Market Timing

Location

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Neighbourhood profile (P8N)

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