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$479,888
Parry Sound Remote Area
606 Rye Road, Parry Sound Remote Area (Lount), Ontario, P0A1X0
This 3-bedroom, 2-bathroom home in Parry Sound Remote Area is for sale offering roughly 900 sq ft of space. Listed at $479,888, it is attractively priced about 31% below the $699,999 median asking price in Parry Sound Remote Area. It has been on the market 14 days, fresher than the Parry Sound Remote Area average of 173 days.
Escape To The Peace And Privacy Of Country Living On Almost 9 Acres Of Fully Treed Land. With Annual Property Taxes Of Approximately $465, And The Flexibility Of An Unorganized Township, This Unique Property Offers An Exceptional Opportunity For Homeowners, Investors, Or Those Seeking A Private Recreational Retreat. The Raised Bungalow Is Offered Furnished And Features An Open-Concept Kitchen, Living, And Dining Area, Two Main-Floor Bedrooms, And An Updated Bathroom. The Fully Finished Lower Level Provides A Third Bedroom, Spacious Family Room, Two-Piece Bathroom, And Laundry Area. Starlink Internet Is Already Installed, Making This Property Ideal For Year-Round Living Or Remote Work. Adding Even More Versatility Is The Updated Bunkie, Complete With Its Own Driveway And Potential For Additional Living Space, Guest Accommodations, Or Potential Rental Income, Subject To Applicable Approvals. The Bunkie Currently Operates On Temporary Power From The Main Residence, With The Potential For A Separate Well And Power Connection Available At The Lot Line, Subject To Buyer Verification. Whether You're Looking For A Private Country Home, A Summer Getaway, Space For Extended Family, Or An Investment Opportunity, This Property Offers A Rare Combination Of Privacy, Natural Surroundings, And Future Possibilities. Enjoy The Freedom Of Country Living With Room To Make This Property Your Own! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 173 days across the listings currently for sale in this city
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.
This 3-bed single family in Parry Sound Remote Area (Lount) has been listed for 14 days, which is 159 days fresher than the city average of 173. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $479,888, about 7.1× the local median household income of $68,000.
Carrying it typically needs a household income of about $93,739 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice