$679,900

For sale

261 Lacourse Lane, Lanark Highlands - Single Family for Sale

261 Lacourse Lane, Lanark Highlands, Ontario, K0A3L0

5 beds2 baths8 parking1,750 ft²221 × 292 ft (1.47 acres) lot sizeListed 19 days ago

Overview

This 5-bedroom, 2-bathroom home in Lanark Highlands is for sale offering roughly 1,750 sq ft of space. It has been on the market 19 days, fresher than the Lanark Highlands average of 106 days.

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Description

WELCOME TO JACKELOPE LODGE! Beautifully maintained, 4-season cottage/home nestled in Lanark Highlands (1 hour west of Ottawa). THIS PROPERTY WORKS VERY WELL AS A PRINCIPAL RESIDENCE, AS A COTTAGE, OR AS AN INVESTMENT PROPERTY (AIR BNB). Enjoy tranquility, serenity, and nature at its best on almost 1.4 acres of lush forest! The charming main cabin combines authentic rustic character with modern comfort, featuring CATHEDRAL CEILINGS, wood beams, wide-plank wood flooring, a stunning stone fireplace, a modern kitchen with stainless-steel appliances, a 2nd-storey loft/bedroom, a bar & games area, plus a large surrounding deck and separate screened-in porch for relaxing. Enjoy the private, screened-in hot tub and above ground pool. This is the perfect summer getaway! Step outside to the incredible backyard, complete with a screened-in gazebo with fire pit-perfect for roasting marshmallows with family and friends. Boat launch onto White Lake just across the gravel road. There's more! A spacious 2-storey separate bunkie cabin provides 2 additional bedrooms, a main-level recreation area and a second-floor lounge - ideal for guests and extended family. The property also includes a double-car garage directly across from the main house. INVESTMENT OPPORTUNITY ALERT: Jackelope Lodge (261 Lacourse Lane) offers exceptional Airbnb/income potential.... has high demand! 5 bedrooms total (3 in main cabin, 2 in bunk cabin) but property can easily sleep 16 people with the loft in main cabin + the bunk cabin. GUESS WHAT? ALL FURNITURE INCLUDED TOO! Your private four-season retreat-and fantastic income property awaits! There is SO much more to do and enjoy at Jackelope Lodge! Forced-air propane gas heating, central air conditioning too! (id:66096)

Property Details

MLS®: X14089742
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Half Baths: 1
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 221 × 292 ft (1.47 acres)
Frontage: 221 ft
Storeys: 1
Basement: Crawl space
Heating: Forced air, Propane, Wood
Cooling: Central air conditioning, Window air conditioner
Garage: Detached Garage, Garage
Fireplace: Yes
Pool: Yes

Rooms

Main level

Living room: 5.72 x 5.29 meters
Kitchen: 5.2 x 3.23 meters
Dining room: 4.63 x 2.87 meters
Sitting room: 3.36 x 3.36 meters
Bathroom: 3.92 x 2.44 meters
Partial bathroom: 1.47 x 0.94 meters
Primary Bedroom: 4.64 x 3.54 meters
Bedroom 2: 3.44 x 3.37 meters
Foyer: 2.21 x 2.16 meters

Second level

Loft: 7.02 x 4.63 meters

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

Features

Appliances: Washer, Refrigerator, Hot Tub, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Water Treatment, Hood Fan, Furniture
Foundation: Concrete
Exterior: Wood
Lot Features: Wooded area, Carpet Free, Guest Suite, Sauna

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Lanark Highlands listings, avg age

106d

Price / ft²

$389

List price

$680K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 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 94.4 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 Lanark Highlands has been listed for 19 days, which is 87 days fresher than the city average of 106. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY GROUP · John Grammatikos

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0A)

This home lists at $679,900, about 5.9× the local median household income of $115,000.

Carrying it typically needs a household income of about $132,808 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$679,900· $389/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $42,990.00

Min 6.32%50%

Mortgage payment$3,531/mo

↳ CMHC premium ($25,476 capitalized)

Property tax (est.)$378/mo

Total monthly$3,909

Cash Needed to Close

Down payment (6.32%)$42,990

Land transfer tax$10,073

Est. closing costs$4,540

Total cash needed$57,603

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice