$698,000

For sale

1117 Limberlost Point Road, Parry Sound Remote Area (Restoule) - Single Family for Sale

1117 Limberlost Point Road, Parry Sound Remote Area (Restoule), Ontario, P0H2R0

3 beds1 bath12 parking900 ft²141 × 660 ft (2.12 acres) lot sizeListed 115 days ago

Overview

This 3-bedroom, 1-bathroom home in Parry Sound Remote Area is for sale offering roughly 900 sq ft of space. Listed at $698,000, it is attractively priced about 27% below the $949,900 median asking price in Parry Sound Remote Area.

Houses for Sale in Parry Sound Remote Area →All real estate in Parry Sound Remote Area →

Description

Home with insulated workshop situated on two acre property and has 132 feet of waterfront on Commanda Lake. Sit and enjoy the huge deck overlooking the lake or sit on the seating area at the waters edge. The hill will be a challenge for some. The current owner overcomes this by having a path for ATV or side by side to make the trip to the waterfront an easy challenge. This 4 season cottage/home is in move in ready condition and is suitable for year round living or seasonal enjoyment. There are two garages near the roadway for storing the tools and toys; one is an insulated workshop ideal for many uses. There is close proximity to an abundance of Crown Land and access to many lakes. OFSC snowmobile trails are also in close proximity. Furniture and furnishings are excluded but may be negotiable. (id:66096)

Property Details

MLS®: X13554642
Property Type: Single Family
Zoning: UNORGANIZED
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 12
Interior Size: 900 ft²
Lot Size: 141 × 660 ft (2.12 acres)
Frontage: 141 ft
Storeys: 1
Style: Raised bungalow
Basement: Crawl space
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 2.77 x 2.76 meters
Dining room: 3.69 x 2.98 meters
Living room: 5.36 x 3.69 meters
Bathroom: 3.04 x 2.95 meters
Bedroom: 4.14 x 2.74 meters
Bedroom 2: 3.04 x 2.95 meters
Bedroom 3: 2.77 x 2.47 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, Dryer, Furniture
Foundation: Unknown
Exterior: Wood
Lot Features: Hillside, Wooded area, Partially cleared, Country residential

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

115d

Parry Sound Remote Area (Restoule) listings, avg age

103d

Price / ft²

$776

List price

$698K

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 3-bed single family in Parry Sound Remote Area (Restoule) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX Parry Sound Muskoka Realty Ltd · DAVID SHEEPWAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $698,000, about 8.7× the local median household income of $80,000.

Carrying it typically needs a household income of about $136,344 (20% down, 25-yr amortization, stress-tested) — roughly 70% 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)

$698,000· $776/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,800.00

Min 6.42%50%

Mortgage payment$3,621/mo

↳ CMHC premium ($26,128 capitalized)

Property tax (est.)$110/mo

Total monthly$3,731

Cash Needed to Close

Down payment (6.42%)$44,800

Land transfer tax$10,435

Est. closing costs$4,594

Total cash needed$59,829

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