$549,900

For sale

18988 County Rd 2 Highway South, South Glengarry - Single Family for Sale

18988 County Rd 2 Highway South, South Glengarry, Ontario, K6H5R5

1 bed1 bath3 parking900 ft²31 × 116 ft (3,523 sq ft) lot sizeListed 53 days ago

Overview

This 1-bedroom, 1-bathroom home in South Glengarry is for sale offering roughly 900 sq ft of space. Listed at $549,900, it is attractively priced about 21% below the $698,000 median asking price in South Glengarry. It has been on the market 53 days, fresher than the South Glengarry average of 82 days.

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Description

Welcome to 18988 County Rd 2! This beautifully renovated waterfront cottage has undergone significant interior and exterior renovations, offering a wonderful opportunity to enjoy the beauty and recreational amenities of the St. Lawrence River.The thoughtfully updated interior features a bright, open-concept living space with stunning views of the waterfront and Adirondack Mountains. The cottage offers one bedroom and one bathroom, along with a new heat pump, several new windows, and a new patio door.Outside, enjoy the newly landscaped walkway and inviting seating area, perfect for taking in the peaceful waterfront setting. The renovated storage shed provides plenty of additional space for your outdoor equipment and belongings. A new dock offers ample room for watercraft, making it easy to take full advantage of everything the St. Lawrence River has to offer.Whether you're looking for a peaceful waterfront getaway, a recreational cottage, or a property with short-term rental potential, this beautifully updated property is one you won't want to miss! (id:66096)

Property Details

MLS®: X13775882
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 31 × 116 ft (3,523 sq ft)
Frontage: 31 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Heat Pump, Baseboard heaters, Propane, Other
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Features

Foundation: Block
Exterior: Steel
Lot Features: Carpet Free

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

South Glengarry listings, avg age

82d

Price / ft²

$611

List price

$550K

Homes here sell slower than most markets

Sold homes in this market spent an average of 64 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 94.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in South Glengarry has been listed for 53 days, which is 29 days fresher than the city average of 82. Act while there is still low competition.

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Listed by RE/MAX AFFILIATES MARQUIS LTD. · Nick Longchamps

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K6H)

This home lists at $549,900, about 9.0× the local median household income of $61,200.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $61,200
Population: 30,440
Median age: 46
Owner / renter: 55% / 45%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K6H)

$549,900· $611/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$230/mo

Total monthly$3,112

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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