$299,900

For sale

Book a showing

6A & 6B MOUNTAINVIEW Drive, Temagami - Single Family for Sale

6A & 6B MOUNTAINVIEW Drive, Temagami, Ontario, P0H2H0

5 beds2 baths6 parking ft²

12 Lake Temagami Island, Temagami, Ontario, P0H2H0

1 bd1 ba900 ft²Lot size 16 × 46 ft (751 sq ft)

Listed by RE/MAX RIGHT MOVE

For sale

21 days ago

$160K

Temagami, Ontario, P0H2H0

3 bd1 ba900 ft²

Listed by REVEL REALTY INC., BROKERAGE

291 Fox Drive, Temagami, Ontario, P0H2H0

For sale

27 days ago

$2.95M

291 Fox Drive, Temagami, Ontario, P0H2H0

3 bd3 ba23 pk4,250 ft²

Listed by Royal LePage Northern Life Realty, Brokerage

6455 Highway 11 North, Temagami, Ontario, P0H2H0

For sale

44 days ago

$700K

6455 Highway 11 North, Temagami, Ontario, P0H2H0

4 bd4 ba43 pk2,750 ft²

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$299,900

Temagami

Book a showing

Overview

This 5-bedroom, 2-bathroom home in Temagami is for sale offering roughly 1,300 sq ft of space. Listed at $299,900, it is attractively priced about 14% below the $349,500 median asking price in Temagami. It has been on the market 79 days, fresher than the Temagami average of 203 days.

Houses for Sale in Temagami →All real estate in Temagami →

Description

2 houses on 1 property, this is an investor's dream. Located right smack in the heart of Temagami sits this very cute set up. The first home is a 3 bedroom 1 bath raised bungalow with a full, unfinished basement. Very well thought out and has a good use of space. The second home is a 2 bedroom 2 story home. Ample kitchen space, large bathroom and living room. The two generous bedrooms can be found on the second level. You can live in one and rent the other or just have 2 income streams. Both are on full city services with natural gas, water and sewer. This could be your next headache free investment. (id:66096)

Property Details

MLS®: X13681770
Property Type: Single Family
Zoning: RL
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 66 × 125 ft (8,217 sq ft)
Frontage: 66 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $7,872/yr
Listed: 79 days ago

Rooms

Main level

Kitchen: 5.3 x 5.82 meters
Bedroom 2: 3.2 x 5.82 meters
Living room: 5.21 x 3.69 meters
Primary Bedroom: 3.35 x 2.9 meters
Bathroom
Bedroom 2: 3.08 x 2.71 meters
Bedroom 3: 2.9 x 3.02 meters
Kitchen: 2.96 x 5.82 meters
Living room: 4.05 x 3.14 meters
Bathroom
Bedroom: 5.82 x 2.93 meters

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

Market Timing

Days on market

79d

Temagami listings, avg age

203d

Price / ft²

$231

List price

$300K

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 89.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0H)

This home lists at $299,900, about 3.7× the local median household income of $80,000.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$299,900· $231/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$656/mo

Total monthly$2,236

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

Get Pre-Approved · Free & Fast

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

6A & 6B MOUNTAINVIEW Drive, Temagami - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0H)

Book a showing

Full Cost Breakdown