$899,900
Lake of Bays
1420 Echo Lake Road, Lake of Bays (Mclean), Ontario, P0B1A0
This 3-bedroom, 3-bathroom home in Lake of Bays is for sale offering roughly 2,250 sq ft of space. It has been on the market 56 days, fresher than the Lake of Bays average of 172 days.
Exceptional 2,319 sq ft two-storey home/cottage, custom-built in 2023, offers breathtaking elevated views over Echo Lake, providing waterfront without the taxes with convenient lake access across the road, including an updated dock, and just steps from a public beach. Thoughtfully designed for four-season enjoyment, the 3 bedroom, 2.5 bath home features an ICF foundation, radiant in-floor heating throughout, heat pumps providing efficient heating and cooling and on-demand water system. The spacious interior showcases vaulted ceilings, engineered hardwood flooring and a generous primary suite. The built-in double attached garage offers excellent functionality with additional storage along the rear internal rock shelf and radiant heated slab. A convenient lean-to and separate shed provide additional exterior storage. Outside, the impressive concrete driveway and retaining wall were engineered for the elements and the property's steep elevation ideal for winter plowing and sanding. The home is built into the hillside immersed in mature trees, with expansive wraparound decking and invisible glass handrail system designed to maximize the stunning lake views. Ideal for entertaining, the deck is also has a propane BBQ hookup. Additional features include EV charger readiness, Generlink hookup for when the power goes out, and a basement 2-piece bathroom already plumbed for a shower, offering an easy opportunity to create a future 3-piece bath. A rare combination of modern construction, efficient systems, privacy, and spectacular lake views, all just steps from the water and beach. Amenities are only 5 minutes away in Baysville and for broader amenities 25 minutes from Bracebridge and Huntsville. This home or cottage is ready for its new owner! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 172 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 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.
This 3-bed single family in Lake of Bays (Mclean) has been listed for 56 days, which is 116 days fresher than the city average of 172. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,900, about 10.0× the local median household income of $90,000.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.