$539,000
Lake of Bays
Birchcroft Road, Lake of Bays (Franklin), Ontario, P0A1H0
This 2-bedroom, 1-bathroom condo in Lake of Bays is for sale offering roughly 650 sq ft of space. It has been on the market 53 days, fresher than the Lake of Bays average of 212 days.
Rare opportunity to begin your cottage lifestyle on Lake of Bays at an affordable price. Two-bedroom turnkey 3 season cottage that is part of an established 9- cottage Co-ownership association. The cottage is yours to use anytime without restrictions. Located on 5 acres of land and offering 424 feet of water frontage with mesmerizing views across the lake. The views of the lake are stunning, and you will love the accents and design that create a true cottage vibe. The cottage has been tastefully renovated from top to bottom and there is nothing left to do but move in. The features of the cottage include: A new modern Ikea Kitchen, Laminate flooring, vaulted ceilings in the living room and a completely renovated, remodeled bathroom and new Engineered hardwood Mabec siding. The expansive deck area overlooks the lake and is the perfect spot to relax and enjoy a BBQ. Attached to the deck is a spacious new gazebo with vaulted ceilings offering the perfect space that connects you to the outdoors. There is a beautiful large storage cabin that is perfect for storing your water toys and other accessories. Walk down to the waterfront to discover a wonderful setting where you have a private boat slip and full use of an extensive dock and deck area. The lakefront offers a rare sand beach that is perfect for swimming. All of this is in a central location close to Dwight, Huntsville, Dorset and Algonquin Park. Annual fees of $3,300.00 or $275.00 monthly include: property tax, electricity, yard maintenance, dock maintenance and road fees. "There are no extra taxes or fees", making this a very affordable option to begin your cottage lifestyle that you have been dreaming of. Property is not eligible for mortgage financing. Pets are allowed on the property. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 53 days on market, against an average age of 212 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 2-bed single family in Lake of Bays (Franklin) has been listed for 53 days, which is 159 days fresher than the city average of 212. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $539,000, about 7.9× the local median household income of $68,000.
Carrying it typically needs a household income of about $105,286 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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