$635,000

For sale

590 Clear Lake Road, Parry Sound Remote Area (Arnstein) - Single Family for Sale

590 Clear Lake Road, Parry Sound Remote Area (Arnstein), Ontario, P0H1A0

3 beds1 bath6 parking900 ft²Listed 81 days ago

Overview

This 3-bedroom, 1-bathroom home in Parry Sound Remote Area is for sale offering roughly 900 sq ft of space. Its $635,000 asking price sits right in line with the $635,000 median in Parry Sound Remote Area. It has been on the market 81 days, fresher than the Parry Sound Remote Area average of 152 days.

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

Description

This drive-to cottage is accessible from a year round maintained public roadway and sits on the shore of spring fed Hampel Lake (also known as Clear Lake). Lots of room to play and enjoy. The custom built gazebo/barbecue area is a great place to sit and enjoy the view and entertain family and friends. This cottage is currently used to provide supplemental income through Airbnb bookings.(HST may apply to sale). Fully insulated and ready for year round use or living fulltime. This spring fed lake has no public boat launches so boating traffic is minimal, making it a great place to play. Jump off the end of the dock into about 1.5 metres off the end of the dock or wade in from the sandy beach area. Bass, Pickerel, Sunfish and Pike have been caught from the dock. This property is close to OFSC Snowmobile trails and situated in WMU47 close to an abundance of Crown Land. Situated in an Unorganized Township, you can build additional structures. You still need to build to Ontario Building Code as a minimum but only hydro and septic permits are required. A recent "lot line adjustment" is pending the survey and final steps to add additional property to the original lot. (id:66096)

Property Details

MLS®: X13680550
Property Type: Single Family
Zoning: Unorganized Township
Bedrooms: 3
Beds (above / below): 1 above · 2 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Frontage: 89 m
Style: Chalet
Basement: None
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 3.94 x 2.65 meters
Living room: 4.02 x 3.81 meters
Bathroom: 1.8 x 1.5 meters

Second level

Bedroom: 2.72 x 2.42 meters
Bedroom: 2.72 x 2.42 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Furniture
Foundation: Wood, Concrete
Exterior: Vinyl siding
Lot Features: Level lot, Wooded area, Irregular lot size, Partially cleared, Open space, Level, Gazebo

Services

Sewer: Septic System
Utilities: Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

81d

Parry Sound Remote Area (Arnstein) listings, avg age

152d

Price / ft²

$706

List price

$635K

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 (Arnstein) has been listed for 81 days, which is 71 days fresher than the city average of 152. Act while there is still low competition.

Set a price alert Book a showing

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 $635,000, about 7.9× the local median household income of $80,000.

Carrying it typically needs a household income of about $124,038 (20% down, 25-yr amortization, stress-tested) — roughly 55% 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)

$635,000· $706/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 Payment6.06% · $38,500

Min 6.06%50%

Mortgage payment$3,307/mo

↳ CMHC premium ($23,860 capitalized)

Property tax (est.)$65/mo

Total monthly$3,373

Cash Needed to Close

Down payment (6.06%)$38,500

Land transfer tax$9,175

Est. closing costs$4,405

Total cash needed$52,080

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator