$279,000

For sale

10 1st Ave south Avenue South, Native Leased Lands - Single Family for Sale

10 1st Ave south Avenue South, Native Leased Lands, Ontario, N0H2G0

3 beds1 bath4 parking80 × 140 ft (11,200 sq ft) lot sizeListed 96 days ago

Overview

This 3-bedroom, 1-bathroom home in Native Leased Lands is for sale. Its $279,000 asking price sits right in line with the $279,000 median in Native Leased Lands. It has been on the market 96 days, fresher than the Native Leased Lands average of 125 days.

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Description

This beautiful three-bedroom cottage is located just across the road from Lake Huron, where you can wake up listening to the sound of the waves. Located at 10 1st Avenue, it is just steps from the beach and a very short walk to the water. The well-cared-for property features three bedrooms, one bathroom, a kitchen, a living room, and a large 12' x 32' deck offering plenty of room to entertain. All you need to do is move in and start enjoying the summer. Additionally, both the septic system and Sandpoint well were replaced in 2023. Roof is 12 years old. Water heater had the element replaced last year. The lease for this cottage is $5,800 a year, plus $1,300 in service fees. (id:66096)

Property Details

MLS®: X13623822
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Lot Size: 80 × 140 ft (11,200 sq ft)
Frontage: 80 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Ownership: Leasehold
Listed: 96 days ago

Rooms

Main level

Kitchen: 5.9 x 3.5 meters
Living room: 5.5 x 3.4 meters
Bathroom: 2.4 x 2.3 meters
Bedroom: 3.55 x 2.56 meters
Bedroom: 3.65 x 3.15 meters
Primary Bedroom: 3.55 x 4.2 meters

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

Features

Appliances: Refrigerator, Stove, Microwave, Water Heater
Foundation: Wood/Piers
Exterior: Vinyl siding
Lot Features: Flat site, Carpet Free

Services

Water: Sand point
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

96d

Native Leased Lands listings, avg age

125d

List price

$279K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 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 3-bed single family in Native Leased Lands has been listed for 96 days, which is 29 days fresher than the city average of 125. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · BRUCE SICKEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $279,000, about 3.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $54,498 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 53,674
Median age: 52.8
Owner / renter: 86% / 14%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$279,000

For sale

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Full Cost Breakdown

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Down Payment5% · $13,950

Min 5%50%

Mortgage payment$1,469/mo

↳ CMHC premium ($10,602 capitalized)

Est. property tax$0/mo

Total monthly$1,469

Cash Needed to Close

Down payment (5%)$13,950

Land transfer tax$2,660

Est. closing costs$3,337

Total cash needed$19,947

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