$599,900
McMurrich/Monteith
764 EAST BEAR LAKE Road, McMurrich/Monteith (Bear Lake), Ontario, P0A1Y0
This 3-bedroom, 1-bathroom home in McMurrich/Monteith is for sale offering roughly 900 sq ft of space. Its $599,900 asking price sits right in line with the $599,900 median in McMurrich/Monteith.
Update!Shore road allowance has been purchased! Billed by the Ministry and paid for by the Seller! (Approximately a $10,000-$12,000 value) making this parcel of land even larger! This property can be sold to a new owner taking on the transfer process or a potential for a Spring closing. A captivating 3 bedroom bungalow cottage on Bear Lake, Sprucedale in the Parry Sound District. Located directly off a year-round municipal maintained road with little traffic. 307 feet of amazing waterfront on 1.3 acres of privacy abutting Crown land with plenty of land to explore directly from this property for a long leisurely walk or hike. Excellent fishing, boating, and swimming right from your dock. Waters edge is just steps away from the cottage. For the avid fisherman, northern pike, walleye, bass, sunfish and perch. A west exposure with a picture sunset filled sky. Enjoy the consistent breeze off the lake and sun all day. New roof shingles in 2024. Open concept, new wood stove in 2021, pine ceilings. Plenty of attic space for storage and potential for vaulted ceiling. Spend your summer days listening to soothing sounds of mother nature while gazing out to the glistening waters from your deck. Gentle entry for swimming and launching a boat. Sand entry and smooth Canadian Shield shoreline. Plenty of wildlife with deer, moose, beaver, and the sounds of loons calling. Enjoy all your boating activities or a nice quiet paddle board. This lake will fulfill your families waterfront needs. All furniture included making this turnkey cottage ready to enjoy before the summer begins. Visit Sprucedale for amenities and full grocery stores just a half hour away. Boat launch nearby. Look no further for your cottage country dream.Cottage is 3 season built. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 31 days on market, against an average age of 32 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 78 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 91.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in McMurrich/Monteith (Bear Lake) has been listed for 31 days, which is 1 days fresher than the city average of 32. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 8.8× the local median household income of $68,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 72% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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