$789,000

For sale

5 MEHARG Drive, McKellar - Single Family for Sale

5 MEHARG Drive, McKellar, Ontario, P2A0B5

3 beds2 baths12 parking1,300 ft²170 × 319 ft (1.24 acres) lot sizeListed 47 days ago

Overview

This 3-bedroom, 2-bathroom home in McKellar is for sale offering roughly 1,300 sq ft of space. Listed at $789,000, it is attractively priced about 17% below the $949,000 median asking price in McKellar. It has been on the market 47 days, fresher than the McKellar average of 93 days.

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Description

UPGRADED 4 SEASON BUNGALOW HOME or COTTAGE on LAKE MANITOUWABING! Priced to sell! Detached Double Car Garage, Fully winterized 3 bedroom, 2 bathroom gem boasts Custom Kitchen with abundance of cabinetry, Granite counters, Large family size island, Stainless appliances, Sunken Great Room enhanced with vaulted ceilings, Cozy up to the gas fireplace, Built in cabinetry, Multiple walkouts to sundecks, Work from home/cottage in the den w high speed internet, Relax in the Muskoka/Sunroom Room, Family will enjoy the finished lower level featuring recreation room with gas fireplace, Guest rooms, 2nd bath, Enjoy sunny days outside playing on the beach, volleyball court, Protected bay is ideal to paddle board, kayak & canoe, Explore Boating on Lake Manitouwabing for hours, Embrace winter activities; Snowmobile trails nearby, Cross country ski, Extended family & kids will love the Charming bunkie (sleeps 4), NEW GARAGE 2021, New shingles 2022, Drilled well w filtration system, Boat or drive to McKellar Village for supplies, Saturday Summer Market, Tait's Island Marina for gas/service, Enjoy Golfing at 'The Ridge', This rural home is move in ready & includes everything you need to make it your family home or northern retreat. Don't miss this Great Value Opportunity! (id:66096)

Property Details

MLS®: X13801974
Property Type: Single Family
Zoning: WF2 & EP
Bedrooms: 3
Beds (above / below): 1 above · 2 below
Bathrooms: 2
Parking: 12
Interior Size: 1,300 ft²
Lot Size: 170 × 319 ft (1.24 acres)
Frontage: 170 ft
Storeys: 1
Style: Bungalow
Basement: Separate entrance, Walk-up, N/A, N/A
Heating: Propane, Other
Garage: Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Bedroom: 5.42 x 3.08 meters
Kitchen: 5.41 x 4.08 meters
Living room: 5.06 x 4.05 meters
Other: 2.93 x 2.66 meters
Bedroom: 3.41 x 3.34 meters
Bathroom: 2.92 x 2.37 meters
Primary Bedroom: 4.05 x 3.43 meters
Sunroom: 3.54 x 2.93 meters
Laundry room: 2.3 x 1.76 meters

Ground level

Bathroom: 2.26 x 1.63 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Irregular lot size, Level

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

McKellar listings, avg age

93d

Price / ft²

$607

List price

$789K

Homes here sell below asking price

Homes in this market sold for an average of 93.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in McKellar has been listed for 47 days, which is 46 days fresher than the city average of 93. Act while there is still low competition.

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Listed by RE/MAX Parry Sound Muskoka Realty Ltd · HOLLY CASCANETTE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P2A)

This home lists at $789,000, about 10.7× the local median household income of $73,500.

Carrying it typically needs a household income of about $154,119 (20% down, 25-yr amortization, stress-tested) — roughly 110% above the area median.

Median household income: $73,500
Population: 14,695
Median age: 54
Owner / renter: 76% / 24%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P2A)

$789,000· $607/ft²

For sale

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Full Cost Breakdown

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Down Payment6.83% · $53,900

Min 6.83%50%

Mortgage payment$4,076/mo

↳ CMHC premium ($29,404 capitalized)

Property tax (est.)$232/mo

Total monthly$4,308

Cash Needed to Close

Down payment (6.83%)$53,900

Land transfer tax$12,255

Est. closing costs$4,867

Total cash needed$71,022

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