$289,900

For sale

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2958 AYLEN LAKE Road, South Algonquin - Single Family for Sale

2958 AYLEN LAKE Road, South Algonquin, Ontario, K0J1B0

3 beds0 baths2 parking ft²

14 60 Highway East, South Algonquin, Ontario, P0A1H0

3 bd1 ba6 pk2,250 ft²

Listed by Re/Max All-Stars Realty Inc

121 Maple Drive, South Algonquin, Ontario, K0J2M0

For sale

51 days ago

$450K

121 Maple Drive, South Algonquin, Ontario, K0J2M0

6 bd2 ba5 pk900 ft²Lot size 121 × 143 ft (17,360 sq ft)

Listed by CENTURY 21 SHIELD REALTY LTD.

29792 Highway 60, South Algonquin, Ontario, K0J2M0

For sale

58 days ago

$335K

29792 Highway 60, South Algonquin, Ontario, K0J2M0

2 bd1 ba4 pk900 ft²Lot size 131 × 144 ft (18,784 sq ft)

Listed by Century 21 Granite Realty Group Inc.

134 Hay Creek Road, South Algonquin, Ontario, K0J2M0

For sale

62 days ago

$325K

134 Hay Creek Road, South Algonquin, Ontario, K0J2M0

3 bd1 ba6 pk900 ft²Lot size 75 × 221 ft (16,523 sq ft)

Listed by QUEENSWOOD NATIONAL REAL ESTATE LTD

Investment analysis

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$289,900

South Algonquin

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Overview

This 3-bedroom home in South Algonquin is for sale offering roughly 900 sq ft of space. Listed at $289,900, it is attractively priced about 39% below the $479,000 median asking price in South Algonquin. It has been on the market 21 days, fresher than the South Algonquin average of 148 days.

Houses for Sale in South Algonquin →All real estate in South Algonquin →

Description

This Aylen Lake cottage property is an affordable opportunity for folks who can manage boat access/ATV access and off grid living, and It's on AYLEN LAKE. Boat access is made easy with a marina dock/launch service with vehicle parking just a few feet away at the Aylen Lake Landing. The Seller also has boat available for purchase separately if you want an easy transition. (id:66096)

Property Details

MLS®: X14030128
Property Type: Single Family
Zoning: LS Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 0
Parking: 2
Interior Size: 900 ft²
Lot Size: 177 × 360 ft (1.46 acres)
Frontage: 177 ft
Storeys: 1
Style: Bungalow
Basement: None, None
Heating: Wood, Other
Cooling: None
Garage: Other, No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $2,400/yr
Listed: 21 days ago

Rooms

Main level

Bedroom: 2.41 x 3.04 meters
Bedroom: 2.41 x 2.41 meters
Bedroom: 2.41 x 3.45 meters
Kitchen: 3.32 x 3.88 meters
Living room: 3.32 x 4.26 meters
Dining room: 1.6 x 3.32 meters
Bathroom: 1.62 x 1.67 meters

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

Market Timing

Days on market

21d

South Algonquin listings, avg age

148d

Price / ft²

$322

List price

$290K

Homes here sell slower than most markets

Sold homes in this market spent an average of 70 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 93.9 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (K0J)

This home lists at $289,900, about 3.8× the local median household income of $76,000.

Carrying it typically needs a household income of about $56,628 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$289,900· $322/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,495

Min 5%50%

Mortgage payment$1,527/mo

↳ CMHC premium ($11,016 capitalized)

Property tax (est.)$200/mo

Total monthly$1,727

Cash Needed to Close

Down payment (5%)$14,495

Land transfer tax$2,824

Est. closing costs$3,370

Total cash needed$20,689

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

2958 AYLEN LAKE Road, South Algonquin - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (K0J)

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