$395,000

For sale

817 7th Corners, Lanark Highlands - Single Family for Sale

817 7th Corners, Lanark Highlands, Ontario, K0G1K0

2 beds1 bath4 parking900 ft²75 × 292 ft (21,783 sq ft) lot sizeListed 64 days ago

Overview

This 2-bedroom, 1-bathroom home in Lanark Highlands is for sale offering roughly 900 sq ft of space. Listed at $395,000, it is attractively priced about 34% below the $599,900 median asking price in Lanark Highlands. It has been on the market 64 days, fresher than the Lanark Highlands average of 105 days.

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Description

Timeless Character Awaits you at this 2 bedroom 1 bathroom waterfront retreat. Step where original architectural details and warm period charm create an atmosphere you simply can't find in new construction. Highlight the craftsmanship of a bygone era. A cozy fireplace and an intimate scale make it perfect for relaxed living or entertaining. The kitchen retains vintage character, while the bedrooms offer peaceful retreats with soft natural light and thoughtful finishes. Outside has much to offer imagine sitting on the peaceful dock with a fishing rod in hand just waiting for a trophy bass. Lots of yard space for summer activities, a private garden and inviting outdoor spaces complete the picture-ideal for morning coffee, evening gatherings, or simply soaking in the quiet beauty of a property rich in history. Located within an hour's drive to the city, it offers nearby snowmobile trails and many other bonuses, like Clayton village (LCBO, Milano's pizza, baked goods, gas station). This is more than a home; it's a rare opportunity to own a piece of the past that has been lovingly preserved and is ready for its next chapter. Schedule your private showing today and experience the unique allure of this cottage for yourself. Enjoy Robbs lakes clean deep water just off the end of the Dock (id:66096)

Property Details

MLS®: X13734392
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 75 × 292 ft (21,783 sq ft)
Frontage: 75 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Bedroom: 4.41 x 2.21 meters
Bedroom: 3.98 x 2.19 meters
Kitchen: 4.47 x 3.66 meters
Dining room: 5.1 x 3.93 meters
Living room: 8.72 x 2.54 meters
Bathroom: 2.82 x 5.05 meters
Other: 8.76 x 3.91 meters

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

Features

Appliances: Stove, Water Heater
Foundation: Block
Exterior: Wood

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Lanark Highlands listings, avg age

105d

Price / ft²

$439

List price

$395K

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 2-bed single family in Lanark Highlands has been listed for 64 days, which is 41 days fresher than the city average of 105. Act while there is still low competition.

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Listed by ROYAL LEPAGE TEAM REALTY · Tom Barker

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $395,000, about 4.2× the local median household income of $94,000.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$395,000· $439/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$181/mo

Total monthly$2,262

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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