$349,900

For sale

Lot 2 PL M1119, Sudbury Remote Area - Single Family for Sale

Lot 2 PL M1119, Sudbury Remote Area, Ontario, P0M1H0

6 beds2 baths20 parking900 ft²148 × 296 ft (1.00 acres) lot sizeListed 36 days ago

Overview

This 6-bedroom, 2-bathroom home in Sudbury Remote Area is for sale offering roughly 900 sq ft of space. Listed at $349,900, it is attractively priced about 27% below the $479,000 median asking price in Sudbury Remote Area. It has been on the market 36 days, fresher than the Sudbury Remote Area average of 83 days.

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Description

Discover a truly unique multi-generational waterfront retreat on beautiful Lake 35! Situated on approximately 1.6 acres in an unorganized township, this off-grid property offers plenty of space for family and friends to enjoy the outdoors while still having their own private areas. The property features two separate bunkies, each offering 3 bedrooms, along with two outhouses and a wood-burning sauna for the full cottage experience. Additional buildings include a detached 19.38' x 31.28' garage with a wood floor and an attached 17.63' x 16.94' garage with a gravel floor, providing plenty of room for storage, recreational equipment and more. The off-grid setup includes a solar panel structure with 8 batteries, along with a Honda generator to help power the buildings. Also included are a 2005 Pilgrim RV and a 2014 Outback RV, creating even more accommodations and allowing up to four families to each enjoy their own private space. With waterfront on Lake 35, generous acreage and multiple accommodations, this property offers a rare opportunity to create lasting memories with family and friends while enjoying a peaceful, private setting away from it all. (id:66096)

Property Details

MLS®: X13838960
Property Type: Single Family
Zoning: N/A
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 2
Half Baths: 2
Parking: 20
Interior Size: 900 ft²
Lot Size: 148 × 296 ft (1.00 acres)
Frontage: 148 ft
Basement: None
Heating: Baseboard heaters, Propane
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Property Tax

Rooms

Main level

Family room: 8.93 x 4.53 meters
Bedroom: 4.63 x 2.94 meters
Bedroom 2: 3.16 x 2.9 meters

Flat

Bathroom: 2.23 x 1.62 meters
Bathroom: 1.02 x 1.33 meters

In between

Family room: 5.31 x 3.46 meters
Bedroom 4: 2.86 x 2.59 meters
Bedroom 5: 2.86 x 2.6 meters
Bedroom: 3.03 x 5.31 meters

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

Features

Foundation: Wood, Concrete
Exterior: Vinyl siding
Lot Features: Wooded area, Irregular lot size, Partially cleared, Flat site, Country residential, Solar Equipment, Sauna

Services

Water: Lake/River Water Intake

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Sudbury Remote Area listings, avg age

83d

Price / ft²

$389

List price

$350K

Homes here sell slower than most markets

Sold homes in this market spent an average of 65 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 94.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Sudbury Remote Area has been listed for 36 days, which is 47 days fresher than the city average of 83. Act while there is still low competition.

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Listed by REVEL REALTY INC. · Marc Lacroix

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0M)

This home lists at $349,900, about 4.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 49,727
Median age: 46.8
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0M)

$349,900· $389/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$19/mo

Total monthly$1,862

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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