$599,000

For sale

376 Riding Ranch Road, South River - Single Family for Sale

376 Riding Ranch Road, South River, Ontario, P0A1X0

2 beds1 bath11 parking1,300 ft²2621 × 3311 ft (199.22 acres) lot sizeListed 57 days ago

Overview

This 2-bedroom, 1-bathroom home in South River is for sale offering roughly 1,300 sq ft of space. Its $599,000 asking price sits right in line with the $599,000 median in South River. It has been on the market 57 days, fresher than the South River average of 61 days.

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Description

Top 5 Reasons You Will Love This Home: 1) Escape everyday noise and step into your own private wilderness with 200-acres of pristine woodland, offering true peace, seclusion, and the freedom to roam your own land 2) Property comes alive with wildlife, including moose, deer, and birds, and even a beaver pond on-site, creating a rare and breathtaking setting for outdoor enthusiasts or anyone who appreciates nature 3) Endless trails providing opportunities for hiking, ATVing, and exploring in the warmer months, while nearby snowmobile trails make winter just as exciting, offering year-round adventure right at your doorstep 4) Enjoy comfort in the heart of nature with a fully equipped, winterized living space inside a 40' Quonset building, complete with multiple bedrooms, an open-concept living area, a built-in garage, 200-amp service, and a rustic bunkie for guests 5) Located in the beautiful Almaguin Highlands, this property carries a rich legacy dating back to 1883, with the settling of the Waldriff family, and is surrounded by mature hardwoods, a pond, a creek, and adjacent Crown land. 1,132 sq.ft. *Please note some images have been virtually staged to show the potential of the home. (id:66096)

Property Details

MLS®: X13753664
Property Type: Single Family
Zoning: RU EP
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 11
Interior Size: 1,300 ft²
Lot Size: 2621 × 3311 ft (199.22 acres)
Frontage: 2,621 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Propane
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $1,864.85/yr
Listed

Rooms

Main level

Bedroom: 4.99 x 3.97 meters
Laundry room: 3.3 x 2.53 meters
Living room: 4.86 x 4.28 meters
Other: 4.31 x 1.65 meters
Bedroom: 3.8 x 3.14 meters
Kitchen: 3.16 x 2.1 meters

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

Features

Appliances: Washer, Refrigerator, Water softener, Stove, Dryer, Microwave, Water Treatment, Water Heater
Flooring: Laminate
Foundation: Slab
Exterior: Steel
Lot Features: Wooded area

Services

Water: Drilled Well

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

South River listings, avg age

61d

Price / ft²

$461

List price

$599K

Homes here sell below asking price

Homes in this market sold for an average of 92.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in South River has been listed for 57 days, which is 4 days fresher than the city average of 61. Act while there is still low competition.

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Listed by FARIS TEAM REAL ESTATE BROKERAGE · MARK FARIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $599,000, about 8.8× the local median household income of $68,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 72% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$599,000· $461/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$155/mo

Total monthly$3,283

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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