$798,000

For sale

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1097 Keysbury Drive, Lake of Bays (Franklin) - Single Family for Sale

1097 Keysbury Drive, Lake of Bays (Franklin), Ontario, P0A1H0

5 beds2 baths15 parking ft²

1204 Charlie Thompson Road, Lake of Bays (Franklin), Ontario, P0A1H0

3 bd3 ba10 pk2,750 ft²Lot size 220 × 688 ft (3.47 acres)

Listed by Chestnut Park Real Estate

1563 South Portage Road, Lake of Bays (Franklin), Ontario, P1H2J3

For sale

39 days ago

$6.50M

1563 South Portage Road, Lake of Bays (Franklin), Ontario, P1H2J3

7 bd5 ba11 pk3,250 ft²Lot size 164 × 315 ft (1.18 acres)

Listed by Royal LePage Lakes Of Muskoka Realty

1521 Old Hwy 117, Lake of Bays (Franklin), Ontario, P0B1A0

For sale

40 days ago

$2.00M

1521 Old Hwy 117, Lake of Bays (Franklin), Ontario, P0B1A0

2 bd1 ba8 pk900 ft²Lot size 265 × 831 ft (5.05 acres)

Listed by Royal LePage Lakes Of Muskoka Realty

1353 Port Cunnington Road, Lake of Bays (Franklin), Ontario, P0A1H0

For sale

55 days ago

$9.95M

1353 Port Cunnington Road, Lake of Bays (Franklin), Ontario, P0A1H0

6 bd4 ba8 pk4,250 ft²Lot size 2320 × 377 ft (20.07 acres)

Listed by Harvey Kalles Real Estate Ltd.

Investment analysis

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$798,000

Lake of Bays

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325 × 836 ft (6.23 acres) lot size

Overview

This 5-bedroom, 2-bathroom home in Lake of Bays is for sale offering roughly 2,250 sq ft of space. It has been on the market 53 days, fresher than the Lake of Bays average of 208 days.

Houses for Sale in Lake of Bays →All real estate in Lake of Bays →

Description

Nature Lovers Home; Algonquin Park nearby to rear of Property; Nearby properties mostly seasonal use only; public waterfront at end of Keysbury allowing access via water to Oxtongue Lake. Open Main floor layout with family/living room adjacent to dining room and kitchen with granite countertop, Main Floor also consists of Laundry Room, Den/Bedroom, and a 4 pc bathroom; 2nd Floor consists of 3 additional bedrooms and a large Master Bedroom with Vaulted Ceiling, many windows and walkout to deck. Fast possession of property if needed. (id:66096)

Property Details

MLS®: X13776608
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 15
Interior Size: 2,250 ft²
Lot Size: 325 × 836 ft (6.23 acres)
Frontage: 325 ft
Storeys: 2
Basement: Crawl space
Heating: Propane, Other
Cooling: Window air conditioner
Garage: No Garage
Ownership: Freehold
Property Tax: $2,547.26/yr
Listed: 53 days ago

Rooms

Main level

Living room: 6.1 x 6.1 meters
Kitchen: 4.27 x 12 meters
Dining room: 2.44 x 10 meters
Office: 3.66 x 12 meters
Mud room: 1.83 x 3.66 meters

Second level

Primary Bedroom: 6.1 x 6.1 meters
Bedroom 2: 4.27 x 3.66 meters
Bedroom 3: 4.27 x 3.66 meters
Bedroom 4: 4.27 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: Central Vacuum, Water Heater
Flooring: Hardwood, Ceramic
Foundation: Block, Concrete, Poured Concrete
Exterior: Wood
Lot Features: Hillside, Wooded area, Dry, Carpet Free

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

Lake of Bays (Franklin) listings, avg age

208d

Price / ft²

$355

List price

$798K

Homes here sell slower than most markets

Sold homes in this market spent an average of 61 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.

Haho

This 5-bed single family in Lake of Bays (Franklin) has been listed for 53 days, which is 155 days fresher than the city average of 208. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · MARIO COLANGELO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $798,000, about 11.7× the local median household income of $68,000.

Carrying it typically needs a household income of about $155,877 (20% down, 25-yr amortization, stress-tested) — roughly 129% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$798,000· $355/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,800.00

Min 6.87%50%

Mortgage payment$4,120/mo

↳ CMHC premium ($29,728 capitalized)

Property tax (est.)$212/mo

Total monthly$4,333

Cash Needed to Close

Down payment (6.87%)$54,800

Land transfer tax$12,435

Est. closing costs$4,894

Total cash needed$72,129

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