$1,050,000
Tay Valley
300 & 302 Isobel Lane, Tay Valley, Ontario, K7H3L8
This 4-bedroom, 3-bathroom home in Tay Valley is for sale offering roughly 900 sq ft of space. It has been on the market 34 days, fresher than the Tay Valley average of 88 days.
Welcome to a truly unique and charming family compound of cottages, on a totally private point of land, and on much sought-after Otty Lake! There are over 700 feet of pristine shoreline at land level and over an acre of land, surrounded by lovely landscaping and towering pine trees. There are two cottages, one of which is an original log cabin on the lake, with a modern addition. The second cottage was built over a two-slip boathouse with automatic garage doors, and it has a Trex deck all around it. Inside, there is a huge cathedral ceiling in a 20' by 20' great room, with a newer kitchen, exterior vinyl siding, and a steel roof. There is a bunkie that has a small bedroom, powder room, kitchen, and sitting/eating area, all recently redecorated inside, and with exterior vinyl siding and a steel roof. All the cottages are fully furnished and have views of the lake. There are two other buildings presently used for storage. One of them is an old heritage cottage, with a gorgeous veranda that hangs out over a channel of water and with wonderful views of both ends of the lake. Despite not being lived in, the exterior has been well maintained with a recent new roof. A canoe and paddleboat are included with the property. Access is via private roadway, and municipal road to historic Heritage Perth, only 10 minutes away. The present owners have loved and cherished this property for over 60 years, through four generations, and made many special family memories every summer. Set on level, picturesque grounds highlighted by vibrant flower beds and majestic pine trees, the property offers a peaceful and inviting outdoor setting. Whether you're gathering with family, enjoying time on the water, or simply relaxing in nature, this Otty Lake retreat has everything needed for a memorable lakeside lifestyle. A rare opportunity to own a legacy property in a truly special location. See attached multi-media - excellent video. Start YOUR family memories here this summer! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 88 days across the listings currently for sale in this city
This 4-bed single family in Tay Valley has been listed for 34 days, which is 54 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,050,000, about 12.8× the local median household income of $82,000.
Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 150% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
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Loading rates, 30-yr amortization
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