$625,000

For sale

123 Fowlie Road, Northern Bruce Peninsula - Single Family for Sale

123 Fowlie Road, Northern Bruce Peninsula, Ontario, N0H1W0

2 beds1 bath10 parking350 ft²115 × 415 ft (1.09 acres) lot sizeListed 91 days ago

Overview

This 2-bedroom, 1-bathroom home in Northern Bruce Peninsula is for sale offering roughly 350 sq ft of space. Listed at $625,000, it is attractively priced about 11% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 91 days, fresher than the Northern Bruce Peninsula average of 136 days.

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Description

If you enjoy watching the sunsets, you'll appreciate this two bedroom, 3 piece bath cottage situated along the shores of Lake Huron. The cottage is set just perfectly to watch the sunsets from the patio, the dining room and or the living room. Take a lounge chair to the water's edge and enjoy the sunset views from there! The cottage itself is a delight, featuring two bedrooms, an open concept living, kitchen and dining with walkout to patio. There are some updates such as thermo-pane windows, newer roof shingles, and carpet. There is a propane wall unit for heat, and also a woodstove. If you need a place to house the toys or your vehicle, there is a detached 30' X 20' garage that could accommodate them. The property is well treed and the lot measures 115 feet wide by 414 feet deep. Cottage could be used for year round purposes. The waterfront has been dredged to allow for docking facilities. It's a neat property to start making some special memories! If you're ready to start cottage life, come and have a closer look at this one! Property is located on a year round paved road. Rural services such as garbage and recycling pickup are available. Road is plowed during winter time. Taxes: $3342.00. (id:66096)

Property Details

MLS®: X13643050
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 350 ft²
Lot Size: 115 × 415 ft (1.09 acres)
Frontage: 115 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric, Propane, Other
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Living room: 3.48 x 6.52 meters
Dining room: 4.45 x 2.07 meters
Kitchen: 3.48 x 2.07 meters
Bedroom: 2.93 x 7.4 meters
Bedroom 2: 3.54 x 2.26 meters
Bathroom: 3.41 x 2.87 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, Water Heater
Foundation: Slab
Exterior: Vinyl siding
Lot Features: Wooded area, Partially cleared, Level

Services

Water: Drilled Well
Utilities: Electricity, Telephone, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Northern Bruce Peninsula listings, avg age

136d

Price / ft²

$1,788

List price

$625K

Homes here sell slower than most markets

Sold homes in this market spent an average of 77 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 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Northern Bruce Peninsula has been listed for 91 days, which is 45 days fresher than the city average of 136. Act while there is still low competition.

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Listed by RE/MAX Grey Bruce Realty Inc. · BARBARA DIRCKX

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $625,000, about 7.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $122,084 (20% down, 25-yr amortization, stress-tested) — roughly 42% above 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)

$625,000· $1,788/ft²

For sale

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Full Cost Breakdown

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Down Payment6% · $37,500

Min 6%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,500 capitalized)

Property tax (est.)$279/mo

Total monthly$3,536

Cash Needed to Close

Down payment (6%)$37,500

Land transfer tax$8,975

Est. closing costs$4,375

Total cash needed$50,850

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