$165,000

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478 North 105 Highway, Kenora Remote Area (Vermilion Bay) - Single Family for Sale

478 North 105 Highway, Kenora Remote Area (Vermilion Bay), Ontario, P0V2V0

2 beds1 bath8 parking ft²

37/65 North Waldhof Road, Kenora Remote Area (Vermilion Bay), Ontario, P0V2X0

8 bd2 ba5 pk1,300 ft²Lot size 2650 × 5413 ft (329.30 acres)

Listed by Sunset Country Realty Inc.

Investment analysis

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$165,000

Kenora Remote Area

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Description

This affordable 612 sq.ft. Bungalow is located minutes north of Vermilion Bay off Hwy 105. Offering open concept kitchen, dining/living room. 2 Bedrooms and updated 4 pc bath. Unfinished basement for you to develop. New propane furnace and HWT in 2025. Updated kitchen. Quick possession is available. (id:66096)

Property Details

MLS®: X13767192
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 350 ft²
Lot Size: 152 × 189 ft (28,698 sq ft)
Frontage: 152 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Property Tax: $600/yr
Listed: 55 days ago

Rooms

Main level

Kitchen: 2.85 x 2.97 meters
Living room: 2.85 x 7.32 meters
Primary Bedroom: 2.18 x 3.28 meters
Bedroom: 2.18 x 3.02 meters

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

Market Timing

Days on market

55d

Kenora Remote Area (Vermilion Bay) listings, avg age

27d

Price / ft²

$472

List price

$165K

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 (P0V)

This home lists at $165,000, about 2.3× the local median household income of $71,500.

Carrying it typically needs a household income of about $32,230 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $71,500
Population: 22,944
Median age: 30.8
Owner / renter: 77% / 23%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA P0V)

$165,000· $472/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $8,250

Min 5%50%

Mortgage payment$869/mo

↳ CMHC premium ($6,270 capitalized)

Property tax (est.)$50/mo

Total monthly$919

Cash Needed to Close

Down payment (5%)$8,250

Land transfer tax$1,375

Est. closing costs$2,995

Total cash needed$12,620

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478 North 105 Highway, Kenora Remote Area (Vermilion Bay) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

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Market Timing

Location

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Neighbourhood profile (P0V)

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Full Cost Breakdown