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$615,000
Tay Valley
510 CHERIE HILL Lane, Tay Valley, Ontario, K7H3C7
This 3-bedroom, 1-bathroom home in Tay Valley is for sale offering roughly 900 sq ft of space. Listed at $615,000, it is attractively priced about 5% below the $649,000 median asking price in Tay Valley.
Tucked along the shoreline of quiet Adams Lake, 510 Cherie Hill Lane offers a relaxed and private four-season escape just 15 minutes from Perth. With over 100 feet of direct lake frontage, a private dock, and flat grassy space for gatherings around the fire pit, this property is designed for both play and peace. Inside pairs a cozy living room with large picture windows that bring the lake right into view. The kitchen is functional and full of charm, with vintage touches and direct access to the elevated deck perfect for morning coffee or evening BBQs under the trees. Three comfortable bedrooms with updated windows and a full 3-piece bath round out the main level. The lower-level walkout basement adds excellent storage or workshop potential, with high ceilings and a wide-open layout ready for finishing. Outside, you'll find multiple storage sheds, parking for four, and plenty of space to store water toys or gear for year-round activities. The setting feels private and natural, with a backdrop of mature trees and a gentle slope to the water. Whether you're looking for a weekend getaway or a year-round residence, this property makes it easy to unplug and enjoy lake life. Close to Rideau Ferry, Murphy's Point Provincial Park, and with direct access to Big Rideau Lake by boat, this is a rare waterfront opportunity that blends simplicity with potential. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 100 days on market, against an average age of 87 days across the listings currently for sale in this city
This 3-bed single family in Tay Valley is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $615,000, about 7.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $120,131 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
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Loading rates, 30-yr amortization
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