$449,900

For saleJust listed

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3523 Richan Road, Kenora Remote Area (Richan) - Single Family for Sale

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

2 beds2 baths parking

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

3 bd2 ba4 pk1,300 ft²

Listed by Sunset Country Realty Inc.

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

For sale

135 days ago

$449K

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

Lot size 5254 × 2667 ft (321.68 acres)

Listed by 614937 Ontario Inc O/A Austin & Austin Realty

Investment analysis

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$449,900

Kenora Remote Area

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Overview

This 2-bedroom, 2-bathroom home in Kenora Remote Area is for sale offering roughly 1,300 sq ft of space. Its $449,900 asking price sits right in line with the $449,000 median in Kenora Remote Area. It has been on the market 7 days, fresher than the Kenora Remote Area average of 57 days.

Houses for Sale in Kenora Remote Area →All real estate in Kenora Remote Area →

Description

Imagine that you can be in nature's bounty, within ten minutes of Dryden, on well travelled & paved Roads, within the unorganized territory. Situated on the luxury of just over 90 acres, you'll find this inviting and cozy log home. Perhaps "just the right size" with an open concept Kitchen, Living, Dining area, & main floor bedroom. Upstairs to the primary bedroom loft which is open to the main floor living areas. 1.5 baths and a partial basement to house utility & storage. Explore the boundaries & let your imagination wonder! (id:66096)

Property Details

MLS®: X14124082
Property Type: Single Family
Zoning: Unorganized Territory
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 10
Interior Size: 1,300 ft²
Lot Size: 2776 × 1646 ft (104.89 acres)
Frontage: 2,776 ft
Storeys: 1
Basement: Unfinished, Partial, Crawl space, N/A
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Property Tax: $714.92/yr
Listed: 7 days ago

Rooms

Main level

Bedroom 2: 3.66 x 3.2 meters
Kitchen: 4.27 x 3.05 meters
Dining room: 3.05 x 3.05 meters
Living room: 3.05 x 3.96 meters

Upper Level

Bedroom: 4.57 x 4.88 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, Water softener, Stove, Dryer, Freezer, Water Heater
Foundation: Block, Concrete
Exterior: Log
Lot Features: Wooded area, Partially cleared, Country residential, Sump Pump

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kenora Remote Area (Richan) listings, avg age

57d

Price / ft²

$346

List price

$450K

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 $449,900, about 5.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $87,881 (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)

$449,900· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$60/mo

Total monthly$2,429

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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

3523 Richan Road, Kenora Remote Area (Richan) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P8N)

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Full Cost Breakdown