$549,000

For sale

82 JESSUP Island, Nipissing - Single Family for Sale

82 JESSUP Island, Nipissing, Ontario, P0H1W0

3 beds1 bath0 parking900 ft²308 × 308 ft (2.17 acres) lot sizeListed 78 days ago

Overview

This 3-bedroom, 1-bathroom home in Nipissing is for sale offering roughly 900 sq ft of space. Listed at $549,000, it is attractively priced about 17% below the $658,000 median asking price in Nipissing. It has been on the market 78 days, fresher than the Nipissing average of 111 days.

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Description

Escape to your own private island retreat! This beautiful 3.5-acre, west-facing island property offers the perfect setting for peaceful cottage living, incredible sunsets and endless time on the water. Even better, the property faces a Provincial Park, ensuring the stunning natural view in front of you will remain untouched and never change. The insulated 3-bedroom cottage is designed for comfortable seasonal enjoyment and features a steel roof and airtight wood stove for cozy evenings. Enjoy beautiful water views, excellent docking and easy access to great fishing. Surrounded by mature trees, natural beauty and beautiful shoreline, this is the ideal place to unplug, relax and enjoy everything cottage country has to offer. A truly special island getaway where you can enjoy privacy, protected views and unforgettable sunsets. (id:66096)

Property Details

MLS®: X13687198
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 308 × 308 ft (2.17 acres)
Frontage: 308 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Living room: 4.15 x 5.18 meters
Kitchen: 4.82 x 2.62 meters
Primary Bedroom: 2.99 x 3.05 meters
Bedroom 2: 2.99 x 3.05 meters
Bedroom 3: 2.99 x 2.56 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, Stove, Microwave
Foundation: Block
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

78d

Nipissing listings, avg age

111d

Price / ft²

$610

List price

$549K

Homes here sell slower than most markets

Sold homes in this market spent an average of 70 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 93.8 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 Nipissing has been listed for 78 days, which is 33 days fresher than the city average of 111. Act while there is still low competition.

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Listed by Coldwell Banker-Peter Minogue R.E., Brokerage · BRAD MINOGUE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $549,000, about 6.9× the local median household income of $80,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$549,000· $610/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$150/mo

Total monthly$3,028

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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