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$449,000
Lanark Highlands
2966 Highway 511 Road, Lanark Highlands, Ontario, K0G1K0
This 4-bedroom, 2-bathroom home in Lanark Highlands is for sale offering roughly 1,300 sq ft of space. Listed at $449,000, it is attractively priced about 25% below the $599,900 median asking price in Lanark Highlands. It has been on the market 48 days, fresher than the Lanark Highlands average of 106 days.
Century-home character meets a designer-led renovation at this beautifully maintained brick home on half an acre. Inside, the original layout has been preserved, with defined living, dining, and kitchen spaces that give each room its own purpose while still flowing comfortably from one to the next. The home has been brought to life through the shared vision and talents of its owners: a professional interior designer and a skilled carpenter. Together, they have carefully renovated and refined the home, pairing well-chosen finishes with quality workmanship while preserving the character that makes it special. The updated kitchen is a standout, but the same level of care and attention can be seen throughout.The former summer kitchen has been transformed into additional living space, complemented by a practical mudroom, main-floor laundry, and powder room. Upstairs are four bedrooms and a beautifully renovated full bathroom. The fourth bedroom is currently used as a dressing room but could easily serve as a nursery, office, hobby room, or guest bedroom. Outside, the half-acre property offers mature trees, established landscaping, and plenty of room to garden, entertain, or enjoy the outdoors without the upkeep of a larger rural property. The classic brick exterior and welcoming setting give the home a memorable presence from the road. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 106 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 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.
This 4-bed single family in Lanark Highlands has been listed for 48 days, which is 58 days fresher than the city average of 106. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $449,000, about 4.8× the local median household income of $94,000.
Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.