$75,000
Lake of Bays
1020 Birch Glen Road, Lake of Bays (Mclean), Ontario, P0B1A0
This 3-bedroom, 3-bathroom condo in Lake of Bays is for sale offering roughly 2,125 sq ft of space. Listed at $75,000, it is attractively priced about 35% below the $114,900 median asking price in Lake of Bays. It has been on the market 78 days, fresher than the Lake of Bays average of 174 days.
Imagine an amazing Muskoka getaway, complete with a 3-bedroom villa, boathouse, boat slip, sandy beach, tennis court, gym, playground, clubhouse, numerous sundecks, in-ground heated pool, hot tub, splash pad, games room with pool table, library, indoor and outdoor fireside lounges, campfires, swimming, fishing, trails and more, all situated on 1000 feet of shoreline on beautiful Lake of Bays! From the fully equipped kitchen with every appliance and implement you may need for a gourmet meal to the supplied linens and towels, this well-appointed and beautifully furnished 3-bedroom + den, 3-bathroom villa offers everything you need for true turnkey enjoyment. Additionally, there's a storage cage in the basement for your exclusive use. No need to cart your gear back and forth, just leave it safely and securely on-site for your next visit. 'The Landscapes' is a unique opportunity to create amazing memories with your friends and family, or simply escape from the hustle and bustle of life without the typical maintenance and upkeep associated with traditional cottages. Fractional 1/10th ownership (complete with your deed as an owner) allows you to enjoy a fixed prime summer week of use (Week 1), as well as 4 separate weeks of use throughout the year, based on a floating rotational pick each September for the following year, for as long as you own it. Picks for 2027, early 2028 are: May 23 - May 30, June 27 - July 4, Oct 31 - Nov 7, Nov 21 - Nov 28, Jan 10 - Jan 17. Just think... The Fall colours, the Winter wonderland, the crisp Spring air and of course fun in the Summer sun, all in a professionally managed, maintenance-free environment where the focus is on connecting with your family, friends and nature. Could this 'best kept secret' be your best investment for years of enjoyment? Come check it out! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 174 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 62 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 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Lake of Bays (Mclean) has been listed for 78 days, which is 96 days fresher than the city average of 174. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $75,000, about 0.8× the local median household income of $90,000.
Carrying it typically needs a household income of about $14,650 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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Loading rates, 30-yr amortization
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