$694,500

For sale

131 Lee Lane, Parry Sound Remote Area (Port Loring) - Single Family for Sale

131 Lee Lane, Parry Sound Remote Area (Port Loring), Ontario, P0H1S0

3 beds1 bath4 parking900 ft²204 × 240 ft (1.12 acres) lot sizeListed 148 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 $694,500, it is attractively priced about 10% below the $769,000 median asking price in Parry Sound Remote Area. It has been on the market 148 days, fresher than the Parry Sound Remote Area average of 158 days.

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

Description

Classic Northern Ontario Cottage - Absolutely charming four-season cottage set on a private, level lot withover 200 feet of pristine, perfect shoreline on serene Duck Lake-part of the highly sought-after Pickerel River System, offering 40+ miles of boating, fishing, and family recreation. Inside features: eat-in kitchen area with mainfloor laundry, newly renovated 4-piece bathroom, vaulted living room with cozy wood stove and warm pine finishings, fun loft for the kids and a bright lakefront sunroom-which easily doubles as a third bedroom-providing a flexible space for family and guests. Stunning lake views are enjoyed from both indoors and out. Outside you will find spacious decking, maintenance free steel roof, and exceptional privacy thanks to the natural treed setting and level topography. There is also an authentic log cabin currently used for storage - offers exciting potential for a future bunkie or guest space. Crawl space is heated year round and water lines are heat traced for 4 season use. A rare offering for buyers looking for a four-season waterfront retreat on a major waterway, complete with pristine shoreline and beautiful level lot. (id:66096)

Property Details

MLS®: X13424022
Property Type: Single Family
Zoning: unorganized
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 204 × 240 ft (1.12 acres)
Frontage: 204 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Baseboard heaters, Radiant heat, Electric, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 5.84 x 3.43 meters
Bathroom: 3.45 x 1.98 meters
Living room: 5.23 x 3.76 meters
Bedroom: 2.46 x 2.29 meters
Bedroom 2: 2.46 x 2.9 meters
Sunroom: 6.4 x 2.01 meters

Second level

Loft: 3.96 x 2.57 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, Water Heater
Foundation: Wood/Piers
Exterior: Aluminum siding
Lot Features: Wooded area

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

148d

Parry Sound Remote Area (Port Loring) listings, avg age

158d

Price / ft²

$772

List price

$695K

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 (Port Loring) has been listed for 148 days, which is 10 days fresher than the city average of 158. Act while there is still low competition.

Set a price alert Book a showing

Listed by Re/Max Crown Realty (1989) Inc. · DAWN STRIPE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $694,500, about 8.7× the local median household income of $80,000.

Carrying it typically needs a household income of about $135,660 (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)

$694,500· $772/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.40% · $44,450.00

Min 6.40%50%

Mortgage payment$3,604/mo

↳ CMHC premium ($26,002 capitalized)

Property tax (est.)$100/mo

Total monthly$3,704

Cash Needed to Close

Down payment (6.40%)$44,450

Land transfer tax$10,365

Est. closing costs$4,584

Total cash needed$59,399

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator