$479,900

For sale

1 Andrew Bay, Sioux Narrows-Nestor Falls - Single Family for Sale

1 Andrew Bay, Sioux Narrows-Nestor Falls, Ontario, P0X0A4

3 beds2 baths0 parking1,300 ft²Listed 51 days ago

Overview

This 3-bedroom, 2-bathroom home in Sioux Narrows-Nestor Falls is for sale offering roughly 1,300 sq ft of space. Listed at $479,900, it is attractively priced about 26% below the $650,000 median asking price in Sioux Narrows-Nestor Falls. It has been on the market 51 days, fresher than the Sioux Narrows-Nestor Falls average of 178 days.

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Description

Welcome to Andrew Bay on beautiful Lake of the Woods. This inviting 3-bedroom, 2-bathroom cottage offers a great combination of comfort, character, and relaxed waterfront living in a peaceful protected bay.The cottage features a spacious, open interior with plenty of room for family and friends to gather. Unique handcrafted furniture adds warmth and character throughout, while the large deck provides an ideal outdoor living space for dining, entertaining, or simply enjoying the surroundings.One of the standout features is the beach room, complete with a bar and sauna - a fantastic space to relax or entertain after a day on the water. The property also offers a sand beach and a septic system for added convenience.Outside, there is plenty of open space surrounding the cottage, providing room for yard games, family activities, and outdoor entertaining. Set in a sheltered bay on Lake of the Woods, this property is a wonderful place to enjoy cottage life with family and friends. (id:66096)

Property Details

MLS®: X13780698
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 1,300 ft²
Frontage: 145 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Other, Other
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $1,749/yr
Listed

Features

Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Irregular lot size, Solar Equipment

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Sioux Narrows-Nestor Falls listings, avg age

178d

Price / ft²

$369

List price

$480K

Haho

This 3-bed single family in Sioux Narrows-Nestor Falls has been listed for 51 days, which is 127 days fresher than the city average of 178. Act while there is still low competition.

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Listed by REMAX NorthWest Realty Ltd. · Adam Bachynski

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0X)

This home lists at $479,900, about 6.4× the local median household income of $75,500.

Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $75,500
Population: 8,410
Median age: 43.6
Owner / renter: 91% / 9%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0X)

$479,900· $369/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,995

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,236 capitalized)

Property tax (est.)$146/mo

Total monthly$2,673

Cash Needed to Close

Down payment (5%)$23,995

Land transfer tax$6,073

Est. closing costs$3,940

Total cash needed$34,008

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