$879,999

For sale

194 RIVERSIDE Road, Lakeshore - Single Family for Sale

194 RIVERSIDE Road, Lakeshore, Ontario, N0R1A0

5 beds3 bathsListed 37 days ago

Overview

This 5-bedroom, 3-bathroom home in Lakeshore is for sale. Its $879,999 asking price sits right in line with the $849,900 median in Lakeshore. It has been on the market 37 days, fresher than the Lakeshore average of 77 days.

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Description

Lifestyle change? This one-of-a-kind waterfront retreat is it!! Nestled at the end of a private pier and surrounded by water on three sides, this extraordinary property features Newer break-walls completely surrounded by nature. Proudly owned by the same family since it was built, this charming two-storey home offers a spacious open-concept design, with five bedrooms and three full bathrooms. Whether you're hosting family or seeking quiet solitude, there's room for it all. Outside, you'll find a detached two-car garage and a generous workshop perfect for hobbies, storage, or even a creative studio. This is a true sanctuary to unwind, recharge, and enjoy the serenity of the water at the end of every day. Don't miss this opportunity to own this one of a kind property!! (id:66096)

Property Details

MLS®: 26023748
Property Type: Single Family
Zoning: R1
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Year Built: 1962
Storeys: 2
Heating: Boiler, Natural gas, Wood
Cooling: Central air conditioning
Garage: Garage
Waterfront: Yes
Ownership: Freehold
Listed: 37 days ago

Rooms

Second level

4pc Bathroom
4pc Bathroom
Bedroom
Bedroom
Bedroom

Main level

Laundry room
Family room
Kitchen
4pc Bathroom
Bedroom
Bedroom

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Carpeted
Foundation: Concrete
Exterior: Other
Lot Features: Gravel Driveway

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Lakeshore listings, avg age

77d

List price

$880K

Haho

This 5-bed single family in Lakeshore has been listed for 37 days, which is 40 days fresher than the city average of 77. Act while there is still low competition.

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Listed by DEERBROOK REALTY INC. · GREGORY MOORE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0R)

This home lists at $879,999, about 8.2× the local median household income of $107,000.

Carrying it typically needs a household income of about $171,895 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.

Median household income: $107,000
Population: 50,203
Median age: 43.2
Owner / renter: 91% / 9%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N0R)

$879,999

For sale

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Full Cost Breakdown

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Down Payment7.16% · $62,999.90

Min 7.16%50%

Mortgage payment$4,530/mo

↳ CMHC premium ($32,680 capitalized)

Est. property tax$733/mo

Total monthly$5,263

Cash Needed to Close

Down payment (7.16%)$63,000

Land transfer tax$14,075

Est. closing costs$5,140

Total cash needed$82,215

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