$439,900

For sale

562 Cordova Road, Marmora and Lake (Marmora Ward) - Single Family for Sale

562 Cordova Road, Marmora and Lake (Marmora Ward), Ontario, K0K2M0

2 beds1 bath5 parking900 ft²146 × 120 ft (17,438 sq ft) lot sizeListed 30 days ago

Overview

This 2-bedroom, 1-bathroom home in Marmora and Lake is for sale offering roughly 900 sq ft of space. Listed at $439,900, it is attractively priced about 23% below the $569,900 median asking price in Marmora and Lake. It has been on the market 30 days, fresher than the Marmora and Lake average of 116 days.

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Description

Your affordable waterfront getaway awaits! Located on approximately 120 ft. of Beaver Creek waterfront, this spacious 2-bedroom, 4-season bungalow offers the perfect blend of comfort, recreation and convenience. Inside, you'll find a formal dining room, vinyl windows, updated kitchen cabinetry and flooring, plus a 3-piece bathroom with heated tile flooring. The bedroom features a lovely walk-out to the deck and waterfront. Recent improvements also include a heat pump system and an L-shaped composite deck designed for outdoor entertaining. For the hobbyist or outdoor enthusiast, the 14' x 44' detached garage, offering plenty of room for toys, equipment and a workshop/man cave. The property also features a heated water line with excellent water treatment system, owned hot water tank, Pacific Energy woodstove with WETT Certificate, and 5 appliances. Spend summer evenings in the hot tub overlooking the water, relax on your private dock, or take the boat out for a short trip to Crowe Lake and the Sandbar. With Marmora just 2.5 km away, shops, the water park and other amenities are all within easy reach. Waterfront living, recreational fun and small-town convenience-all in one! (id:66096)

Property Details

MLS®: X13867344
Property Type: Single Family
Zoning: WR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 146 × 120 ft (17,438 sq ft)
Frontage: 146 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Wood, Other
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Living room: 6.55 x 4.16 meters
Dining room: 4.01 x 3.5 meters
Kitchen: 2.97 x 2.79 meters
Primary Bedroom: 4.29 x 2.89 meters
Bedroom: 2.99 x 2.89 meters
Utility room: 1.11 x 1.09 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water purifier, Hot Tub, Stove, Dryer, Water Treatment, Window Coverings, Water Heater
Flooring: Laminate
Foundation: Concrete, Slab
Exterior: Vinyl siding
Lot Features: Wooded area, Irregular lot size, Sloping, Open space, Level

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Cable, Telephone, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Marmora and Lake (Marmora Ward) listings, avg age

116d

Price / ft²

$489

List price

$440K

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 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Marmora and Lake (Marmora Ward) has been listed for 30 days, which is 86 days fresher than the city average of 116. Act while there is still low competition.

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Listed by Royal LePage ProAlliance Realty · Lucas Davies

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $439,900, about 5.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$439,900· $489/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,995

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,716 capitalized)

Property tax (est.)$211/mo

Total monthly$2,528

Cash Needed to Close

Down payment (5%)$21,995

Land transfer tax$5,273

Est. closing costs$3,820

Total cash needed$31,088

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