$949,000

For sale

388 CRESCENT Road, Strong - Single Family for Sale

388 CRESCENT Road, Strong, Ontario, P0A1Z0

3 beds2 baths4 parking110 × 104 ft (11,440 sq ft) lot sizeListed 91 days ago

Overview

This 3-bedroom, 2-bathroom home in Strong is for sale. Its $949,000 asking price sits right in line with the $949,000 median in Strong.

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Description

Welcome to this inviting family cottage with year-round access on beautiful Bernard Lake. This classic A-frame with a spacious addition blends traditional cottage charm with comfortable living. Inside, you'll find a large open-concept eat-in kitchen and dining area that leads to a bright Muskoka room and a generous lakeside deck-perfect for enjoying waterfront views. The main floor includes a welcoming entry, bedroom, two-piece bath with laundry, a spacious great room, and an enclosed front porch. The level lot offers easy access for all ages and plenty of outdoor space to enjoy the long, shallow sandy beach. Additional buildings include a garage with a carport and a large storage shed. A steel roof adds lasting value. Enjoy year-round recreation with swimming, boating, ice fishing, skating, sledding, and hockey nearby. With a park close by and the amenities of Burks Falls and Sundridge just minutes away, this property offers the perfect blend of relaxation and convenience. (id:66096)

Property Details

MLS®: X13642728
Property Type: Single Family
Zoning: SR1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Lot Size: 110 × 104 ft (11,440 sq ft)
Frontage: 110 ft
Storeys: 2
Basement: Partial
Heating: Forced air, Oil
Garage: Detached Garage, Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $3,500/yr
Listed

Features

Foundation: Poured Concrete
Exterior: Aluminum siding
Lot Features: Open space, Level, Sump Pump

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Strong listings, avg age

89d

List price

$949K

Homes here sell below asking price

Homes in this market sold for an average of 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Strong is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Forest Hill Real Estate Inc. · MIKE BAUM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $949,000, about 14.0× the local median household income of $68,000.

Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 173% 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)

$949,000

For sale

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Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

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Compare all rates

Down Payment7.37% · $69,900

Min 7.37%50%

Mortgage payment$4,874/mo

↳ CMHC premium ($35,164 capitalized)

Property tax (est.)$292/mo

Total monthly$5,166

Cash Needed to Close

Down payment (7.37%)$69,900

Land transfer tax$15,455

Est. closing costs$5,347

Total cash needed$90,702

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

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