$899,999
Marmora and Lake
371 SKENE Road, Marmora and Lake, Ontario, K0L1W0
This 4-bedroom, 2-bathroom home in Marmora and Lake is for sale offering roughly 1,500 sq ft of space. It has been on the market 63 days, fresher than the Marmora and Lake average of 120 days.
If you've seen this cottage listed before, you may have wondered why. Not every sale begins with a seller who needs to move. For this owner, it began with a dream fulfilled: a cottage where she could vacation, work remotely and spend more time by the lake. As she enters motherhood, her priorities have changed. Now it's someone else's turn to enjoy what she created. Extensive exterior improvements over the past few years, including approximately $25,000 invested in improvements and landscaping, complement a level lot, an expansive backyard and unobstructed northeast views across Dickey Lake. Keep your boat at the dock, paddleboard through the quiet bay or wade in from the shallow shoreline, with deeper water toward the dock's end. Evenings are for stargazing from the hot tub and s'mores around the lakeside fire pit.This four-bedroom, 1.5-bathroom cottage offers year-round comfort with main-floor laundry, a propane fireplace, high-efficiency furnace, central vacuum, keyless entry and 200-amp service. A drilled well, septic system and comprehensive UV, iron and carbon water filtration system support everyday living.The lower-level walkout brings everyone together as an additional lounge space with a pool table, bar, wine fridge, projector screen and entertainment area. All interior furniture is included, making the transition from closing day to cottage weekend an easy one. An easy two-hour drive from Toronto, with access from a paved year-round road. With no current municipal short-term rental licensing requirements, there's an opportunity to generate income between your own stays and enjoy the property throughout the seasons. Bring your bags, stock the fridge and settle into lake life. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 63 days on market, against an average age of 120 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 has been listed for 63 days, which is 57 days fresher than the city average of 120. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,999, about 11.4× the local median household income of $79,000.
Carrying it typically needs a household income of about $175,801 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.