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$699,500
Marmora and Lake
14 Waite Court, Marmora and Lake (Lake Ward), Ontario, K0L1W0
This 4-bedroom, 1-bathroom home in Marmora and Lake is for sale offering roughly 1,750 sq ft of space. Listed at $699,500, it is attractively priced about 7% below the $749,900 median asking price in Marmora and Lake. It has been on the market 35 days, fresher than the Marmora and Lake average of 165 days.
This four season home or cottage is sure to have the space for all generations. The North West facing waterfront property on crystal clear Dickey Lake has a sandy/gravel entry, and you can dive off the dock. Good for all ages. The home is situated on a four season road with garbage and recycling pickup, and it is even on the school bus route. The home features 3 main floor bedrooms, a sunken living area and a formal dining area. This is a very bright and cheery home with tons of natural light from all the large windows. There is a second story space currently set up with bed space and a hangout spot for the kids, but it could easily be a separate suite with a private entrance. The attached two car garage is a huge feature in cottage country with 9' doors to easily accommodate boat storage and still get your vehicle in. There is a bonus room at the back of the garage with large windows facing the water and patio door access which would make an incredible games room or man cave. There is so much potential with all this space and this Lake has a great community feeling. Don't overlook this opportunity. This would make a great family home or cottage with incredible waterfront and close to ammenities. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 165 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 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 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Marmora and Lake (Lake Ward) has been listed for 35 days, which is 130 days fresher than the city average of 165. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,500, about 8.9× the local median household income of $79,000.
Carrying it typically needs a household income of about $136,637 (20% down, 25-yr amortization, stress-tested) — roughly 73% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.