$398,995

For sale

1408 Pearceley Road, Parry Sound Remote Area (Lount) - Single Family for Sale

1408 Pearceley Road, Parry Sound Remote Area (Lount), Ontario, P0A1Z0

2 beds1 bath12 parking900 ft²411 × 724 ft (6.83 acres) lot sizeListed 166 days ago

Overview

This 2-bedroom, 1-bathroom home in Parry Sound Remote Area is for sale offering roughly 900 sq ft of space. It has been on the market 166 days, fresher than the Parry Sound Remote Area average of 173 days.

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Description

Welcome to 1408 Pearceley Rd, an off-grid dwelling, located in an unorganized township in the heart of the Almaguin Highlands. Private 6.5 acre lot surrounded by trees with natural stone bedrock outcroppings adding to the appeal, and over a thousand acres of crown land backing onto the property. Enter this 2 bedroom home through the covered entrance into a large heated sun porch with vaulted ceiling and cookstove to keep you warm on those cooler nights. Spacious kitchen featuring metal cabinets, a J.A. Roby Cookstove, and propane appliances. Bright, comfy living room with walkout to backyard and 16' wide rear deck. Large 3 pc bathroom addition built in 2021, with main floor laundry. Utility room houses a hot water on demand unit & a six year old 3,050 Watt 10 panel solar system with 2 spare batteries that easily looks after the household needs. Drilled well, septic, and detached garage with double lean-to for all your tools & toys. Over 1,000 acres of crown land in the immediate surrounding area. Lots to appreciate here! (id:66096)

Property Details

MLS®: X13160440
Property Type: Single Family
Zoning: Unorganized
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 12
Interior Size: 900 ft²
Lot Size: 411 × 724 ft (6.83 acres)
Frontage: 411 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Radiant heat, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Kitchen: 5.3 x 1.52 meters
Living room: 4.27 x 3.66 meters
Bedroom: 3.96 x 3.35 meters
Bedroom 2: 3.05 x 2.52 meters
Bathroom: 4.57 x 3.47 meters
Sunroom: 7.32 x 3.38 meters
Other: 3.54 x 1.55 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, Gas stove(s), Dryer, Water Heater - Tankless, Water Heater
Foundation: Slab, Wood/Piers
Exterior: Vinyl siding
Lot Features: Irregular lot size, Lane

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

166d

Parry Sound Remote Area (Lount) listings, avg age

173d

Price / ft²

$443

List price

$399K

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 166 days, which is 7 days fresher than the city average of 173. Act while there is still low competition.

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Listed by RE/MAX Professionals North · TOM FREER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $398,995, about 5.9× the local median household income of $68,000.

Carrying it typically needs a household income of about $77,938 (20% down, 25-yr amortization, stress-tested) — roughly 15% 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)

$398,995· $443/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,949.75

Min 5%50%

Mortgage payment$2,101/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$25/mo

Total monthly$2,127

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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