$499,900

For sale

351 Limerick Lake Shore North, Limerick - Single Family for Sale

351 Limerick Lake Shore North, Limerick, Ontario, K0L1W0

3 beds1 bath0 parking900 ft²106 × 272 ft (28,832 sq ft) lot sizeListed 88 days ago

Overview

This 3-bedroom, 1-bathroom home in Limerick is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 9% below the $549,900 median asking price in Limerick.

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Description

Come and explore LIMERICK LAKE and make this your forever cottage! Much of Limerick Lake is boat access only serviced by an awesome marina with parking, docking, gas, and a small convenient store. Limerick Lake is one of the nicest lake chains in the area, allowing you access to five different lakes, boating, fishing, and all of your favourite outdoor activities can be enjoyed at many different levels here. This cottage has been enjoyed by the same family for many years with three bedrooms, a large open concept living space, main floor bath and laundry, a big deck, and lots of privacy with mature trees and south facing shoreline. Approximately a 10 minute boat ride from the marina brings you to a nice solid, sandy shoreline with a new dock system. Many inclusions make this a turnkey purchase and ready to enjoy immediately. Listing agent has a boat available for all showings, or the marina also offers a taxi service. Come and see why people never want to leave this beautiful lake! (id:66096)

Property Details

MLS®: X13653956
Property Type: Single Family
Zoning: LSR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 106 × 272 ft (28,832 sq ft)
Frontage: 106 ft
Style: Chalet
Basement: None
Heating: Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Kitchen: 3.96 x 3.35 meters
Dining room: 2.74 x 3.66 meters
Living room: 4.27 x 8.23 meters

Second level

Bedroom: 2.9 x 3.66 meters
Bedroom 2: 2.74 x 2.74 meters
Bedroom 3: 3.05 x 2.74 meters

Other

Bathroom

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

Features

Appliances: Washer, Dryer, Furniture
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Wooded area, Sloping, Rolling

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

88d

Limerick listings, avg age

90d

Price / ft²

$555

List price

$500K

Haho

This 3-bed single family in Limerick has been listed for 88 days, which is 2 days fresher than the city average of 90. Act while there is still low competition.

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Listed by Ball Real Estate Inc. · Jim Alexander

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $499,900, about 6.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$254/mo

Total monthly$2,887

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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