$499,000

For sale

4 Sunset, Machin (TB-612) - Single Family for Sale

4 Sunset, Machin (TB-612), Ontario, P0V2X0

1 bed0 bathsListed 477 days ago

Overview

This 1-bedroom home in Machin is for sale. Its $499,000 asking price sits right in line with the $499,000 median in Machin.

108 Dawatts Road, Machin (TB-612), Ontario, P0V1S0

2 bd1 ba

Listed by Sunset Country Realty Inc.

1 Bear Camp, Machin (TB-612), Ontario, P0V1S0

For sale

485 days ago

$299K

1 Bear Camp, Machin (TB-612), Ontario, P0V1S0

2 bd

Listed by Re/Max First Choice Realty Ltd.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$499,000

Machin

Book a showing

Description

New Listing. Sunset Island is a beautiful 5.9-acre private island retreat. This is off grid recreational living at its finest! With two sleeping cabins, a storage log cabin, a shower house, and even a tree house, something for everyone. The spacious open yard area has a volleyball net for those challenge matches before relaxing in the large fire pit area to end you day in Sunset Country. Or spend some time on the groomed walking trails around the island. Situated in the middle of Waldhof Bay on Eagle Lake, a world-renowned fishery for its Walleye, Muskie, Northern Pike, Trout, and Bass fishing. If you are in the market for your private slice of paradise to escape too with the family, this may be the place for you! Viewing by appointment only with minimum 24 hour’s notice. (id:66096)

Market Timing

Days on market

477d

Machin (TB-612) listings, avg age

400d

List price

$499K

Homes here sell close to asking price

Homes in this market sold for an average of 98.0 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0V)

This home lists at $499,000, about 7.0× the local median household income of $71,500.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $71,500
Population: 22,944
Median age: 30.8
Owner / renter: 77% / 23%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA P0V)

$499,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$40/mo

Total monthly$2,669

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

4 Sunset, Machin (TB-612) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (P0V)

Book a showing

Full Cost Breakdown