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$1,999,900
Marmora and Lake
354 Marble Point Road, Marmora and Lake (Marmora Ward), Ontario, K0K2M0
This 4-bedroom, 4-bathroom home in Marmora and Lake is for sale offering roughly 2,250 sq ft of space.
This 24 acre property with eight-hundred feet on the Crowe River close to the entrance to Crowe Lake operates as a profitable and versatile retreat business. However, it is also a perfect opportunity to live in the home and make a good living renting out the three luxurious glamping domes that are a good distance from the home. The property holds an updated four bedroom, four bathroom home with in-ground pool, a six stall hemlock horse barn with fenced grazing for horses, alpacas and alpaca grazing enclosure, three four-season glamping domes, a bunkie, and two outdoor saunas. The waterfront is natural and quiet, which is conducive to the weddings, yoga retreats, and more that this property can be used for. They have about eight thousand organic instagram followers and twelve thousand recipients of their monthly newsletter. This idyllic escape draws from a deep well of clientele looking for unique experiences in a convenient location close to many small towns and other destinations. An adjacent 14.9 acre serviced building lot is also for sale and would be perfect for increasing the size of the business or building another home. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 156 days on market, against an average age of 115 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 (Marmora Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,999,900, about 24.1× the local median household income of $83,000.
Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 371% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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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.