$799,000

For sale

514 St. Ola Road, Limerick - Single Family for Sale

514 St. Ola Road, Limerick, Ontario, K0L1W0

2 beds2 baths6 parking1,300 ft²459 × 575 ft (6.05 acres) lot sizeListed 57 days ago

Overview

This 2-bedroom, 2-bathroom home in Limerick is for sale offering roughly 1,300 sq ft of space. It has been on the market 57 days, fresher than the Limerick average of 90 days.

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Description

Escape to Your Private Retreat - New Build on 5.7 Acres with Lake & Trail Access! Tucked away in a serene rural setting, this brand-new custom home offers the perfect blend of modern convenience and tranquility. Sitting on 5.7 private acres, this 2-bedroom, versatile layout features one bedroom on the main floor and one in the lower level floor-ideal for guests, a home office, or main-level living space. Main Floor Highlights: Vaulted ceilings clad in stunning Western Red Cedar create a warm, lodge-like atmosphere. Convenient main-floor laundry adds single-level ease. A covered front porch invites you to sip morning coffee while soaking in the peaceful views.Lower Level & Outdoor Living: The walkout finished basement expands your living space-perfect for a rec room, gym, or hobby area. Attached one-car garage keeps vehicles and gear protected. Location Perks: Just a short drive to the public boat launch on the Limerick Lake system-bring your boat, kayak, or fishing rod! Minutes to abundant trail system access for ATVs, snowmobiles, and off-road enthusiasts right from your doorstep. This is more than a home-it's a lifestyle. Privacy, nature, and recreation all in one package. Vendor Take Back Mortgage Available for Qualified Buyer. Seller also trade property of equal value or towards the purchase price. (id:66096)

Property Details

MLS®: X13753426
Property Type: Single Family
Zoning: RR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 459 × 575 ft (6.05 acres)
Frontage: 459 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Walk out, N/A
Heating: Heat Pump, Other
Cooling: None
Garage: Attached Garage, Garage
Ownership

Rooms

Main level

Kitchen: 2.85 x 6 meters
Dining room: 3.4 x 5.2 meters
Living room: 4.3 x 5.19 meters
Foyer: 1.78 x 1.74 meters
Bathroom: 2.42 x 1.53 meters
Primary Bedroom: 4.79 x 4.54 meters
Sitting room: 5.66 x 3.72 meters

Lower level

Bathroom: 3.7 x 2.66 meters
Recreational, Games room: 10.46 x 5.83 meters
Bedroom 2: 4.2 x 4.82 meters

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave
Foundation: Insulated Concrete Forms
Exterior: Vinyl siding
Lot Features: Wooded area, Rolling, Flat site, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Limerick listings, avg age

90d

Price / ft²

$615

List price

$799K

Haho

This 2-bed single family in Limerick has been listed for 57 days, which is 33 days fresher than the city average of 90. Act while there is still low competition.

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Listed by RE/MAX ABOUTOWNE REALTY CORP. · AMANDA HOOLIHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $799,000, about 10.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 98% 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)

$799,000· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Est. property tax$0/mo

Total monthly$4,125

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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