$2,800,000

For sale

1354 County 2 Road, Leeds and the Thousand Islands - Single Family for Sale

1354 County 2 Road, Leeds and the Thousand Islands, Ontario, K0E1R0

4 beds3 baths20 parking5,000+ ft²435 × 500 ft (4.99 acres) lot sizeListed 37 days ago

Overview

This 4-bedroom, 3-bathroom home in Leeds and the Thousand Islands is for sale. It has been on the market 37 days, fresher than the Leeds and the Thousand Islands average of 142 days.

Houses for Sale in Leeds and the Thousand Islands →All real estate in Leeds and the Thousand Islands →

Description

Absolutely Stunning. The 1000 Islands Schoolhouse Estate Offers A Rare Opportunity To Enjoy An Extraordinary Private Estate Or Combine Luxury Residential Living With Income-Generating Commercial Uses. Set On Approx. 5 Acres In Ontario's Thousand Islands Region, Midway Between Toronto And Montreal And 10 Minutes From The 1000 Islands Bridge To The U.S.A., The Former Escott Public School Offers Approx. 7,000 Sq. Ft. Of Luxury Residential Living Space Within A 13,000 Sq. Ft. Building, Plus A Separate 3,200 Sq. Ft. Quonset. Approx. 2,500 Sq. Ft. Of The 7,000 Sq. Ft. Residential Area Is Suitable For Commercial Use While Retaining A Substantial And Totally Separate 3,500 Sq. Ft. Private Residence. CH-17 Highway Commercial Zoning Provides Residential, Live/Work And Commercial Possibilities. An Extensive Selection Of Furnishings, Artwork, Decor And Equipment Is Also Available Separately. ***Additional Details See "More Information" Below*** (id:66096)

Property Details

MLS®: X13835392
Property Type: Single Family
Zoning: CH-17
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 20
Interior Size: 5,000+ ft²
Lot Size: 435 × 500 ft (4.99 acres)
Frontage: 435 ft
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Window Coverings
Foundation: Slab
Exterior: Brick

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Leeds and the Thousand Islands listings, avg age

142d

List price

$2.80M

Homes here sell slower than most markets

Sold homes in this market spent an average of 63 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 92.9 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Leeds and the Thousand Islands has been listed for 37 days, which is 105 days fresher than the city average of 142. Act while there is still low competition.

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Listed by ROBIN HOOD REALTY LIMITED · SHAMAIRAH NOUFARO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0E)

This home lists at $2,800,000, about 33.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $546,938 (20% down, 25-yr amortization, stress-tested) — roughly 559% above the area median.

Median household income: $83,000
Population: 39,649
Median age: 49.6
Owner / renter: 84% / 16%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0E)

$2,800,000

For sale

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Full Cost Breakdown

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Down Payment20% · $560,000

Min 20%50%

Mortgage payment$11,941/mo

Property tax (est.)$555/mo

Total monthly$12,496

Cash Needed to Close

Down payment (20%)$560,000

Land transfer tax$56,475

Est. closing costs$10,900

Total cash needed$627,375

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