$229,000

For sale

1227 2ND Avenue South, Native Leased Lands - Single Family for Sale

1227 2ND Avenue South, Native Leased Lands, Ontario, N0H2G0

3 beds1 bath3 parking900 ft²100 × 200 ft (20,000 sq ft) lot sizeListed 40 days ago

Overview

This 3-bedroom, 1-bathroom home in Native Leased Lands is for sale offering roughly 900 sq ft of space. Listed at $229,000, it is attractively priced about 18% below the $279,000 median asking price in Native Leased Lands. It has been on the market 40 days, fresher than the Native Leased Lands average of 125 days.

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Description

WELCOME TO YOUR PRIVATE BEACH TOWN GETAWAY! This spacious 3-bedroom, 1-bath seasonal cottage sits on a large lot and offers plenty of room to relax, entertain, and enjoy the outdoors. Ideally located just steps away from the Sandy French Bay beach, grab your beach towel and sunscreen and spend the day soaking up the sun! This property is the perfect spot for summer memories with family and friends. Whether you're looking for a weekend escape, a family cottage, or a place to enjoy the carefree beach lifestyle, this charming retreat has plenty of potential. Just pack your beach bag and start enjoying cottage life! Located on Leased Land, Lease Fee annually $6300.00 and Service fee annually $1300.00. (id:66096)

Property Details

MLS®: X13828000
Property Type: Single Family
Zoning: Seasonal Recreational
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 100 × 200 ft (20,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Other, Other
Cooling: None
Garage: No Garage
Ownership: Leasehold
Listed

Features

Appliances: Refrigerator, Stove, Water Heater
Foundation: Block, Wood/Piers
Exterior: Aluminum siding
Lot Features: Wooded area, Lighting

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Native Leased Lands listings, avg age

125d

Price / ft²

$254

List price

$229K

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 40 days, which is 85 days fresher than the city average of 125. Act while there is still low competition.

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Listed by Royal LePage Estate Realty · NICOLE DUSSAULT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $229,000, about 2.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $44,732 (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)

$229,000· $254/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,450

Min 5%50%

Mortgage payment$1,206/mo

↳ CMHC premium ($8,702 capitalized)

Est. property tax$0/mo

Total monthly$1,206

Cash Needed to Close

Down payment (5%)$11,450

Land transfer tax$2,015

Est. closing costs$3,187

Total cash needed$16,652

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