$699,999

$724,999For salePrice drop↓ $25,000 (3%)

102 Sherwood Acres Drive, Parry Sound Remote Area (Lount) - Single Family for Sale

102 Sherwood Acres Drive, Parry Sound Remote Area (Lount), Ontario, P0A1X0

2 beds1 bath8 parking1,300 ft²172 × 285 ft (1.12 acres) lot sizeListed 83 days ago

Overview

This 2-bedroom, 1-bathroom home in Parry Sound Remote Area is for sale offering roughly 1,300 sq ft of space. Its $699,999 asking price sits right in line with the $699,999 median in Parry Sound Remote Area. It has been on the market 83 days, fresher than the Parry Sound Remote Area average of 173 days.

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Description

Some family cottages evoke nostalgia, reminding us of years gone by where the walls tell the stories of a lifetime and the lakefront never changes. There is a tangible comfort arriving here, at 102 Sherwood Acres, where getting to the cottage feels like you can finally exhale. Rounding the left side you are welcomed with a stunning vision of this southern exposure waterfront. The warm breeze blows your hair back and the all day sun shines to greet you. 172 ft of clean shoreline is the first to melt in the spring because the sun is on it every day. A few steps up to the cottage and you can enjoy a bug free cup of coffee on the screened in porch. Inside is a well equipped kitchen, generous sized dining table, and several conversational seating arrangements for more company. The towering timber frame and wood finishes is the backbone of this cottage built in 2005. Upstairs is a 2 bedroom, open loft, with 6 beds that can easily be closed off for privacy. This cottage is fully winterized with a brand new WETT certified wood stove and propane forced air furnace with added generator panel installed. This cottage comes turnkey so you don't have to go shopping, just move in for fall and winter 2026! (id:66096)

Property Details

MLS®: X13675748
Property Type: Single Family
Zoning: Unorganized
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 172 × 285 ft (1.12 acres)
Frontage: 172 ft
Storeys: 1
Basement: Partial, Separate entrance
Heating: Forced air, Propane, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Features

Appliances: Furniture
Foundation: Block
Exterior: Wood

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Parry Sound Remote Area (Lount) listings, avg age

173d

Price / ft²

$538

List price

$700K

Homes here sell slower than most markets

Sold homes in this market spent an average of 75 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 92.7 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 Parry Sound Remote Area (Lount) has been listed for 83 days, which is 90 days fresher than the city average of 173. Act while there is still low competition.

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Listed by Chestnut Park Real Estate · ERIN MONETT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $699,999, about 10.3× the local median household income of $68,000.

Carrying it typically needs a household income of about $136,734 (20% down, 25-yr amortization, stress-tested) — roughly 101% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$699,999· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,999.90

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,200 capitalized)

Property tax (est.)$119/mo

Total monthly$3,751

Cash Needed to Close

Down payment (6.43%)$45,000

Land transfer tax$10,475

Est. closing costs$4,600

Total cash needed$60,075

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