$159,900

For sale

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Address not available, Temagami - Single Family for Sale

Temagami, Ontario, P0H2H0

3 beds1 bath900 ft²Listed 21 days ago

12 Lake Temagami Island, Temagami, Ontario, P0H2H0

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

Listed by RE/MAX RIGHT MOVE

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

5065 Highway 11 North, Temagami, Ontario, P1B8G3

For sale

64 days ago

$655K

5065 Highway 11 North, Temagami, Ontario, P1B8G3

4 bd2 ba8 pk1,750 ft²Lot size 845 × 190 ft (3.68 acres)

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

Investment analysis

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$159,900

Temagami

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Overview

This 3-bedroom, 1-bathroom home in Temagami is for sale offering roughly 900 sq ft of space. It has been on the market 21 days, fresher than the Temagami average of 203 days.

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

Description

See the potential in this 3-bedroom bungalow in Temagami! Offering a full bathroom on the main floor, an additional half bath downstairs and an unfinished basement, this home is ready for a fresh look. Municipal services add convenience, while the interior provides a blank canvas to update to your taste. (id:66096)

Property Details

MLS®: 2130935
Property Type: Single Family
Zoning: RES
Bedrooms: 3
Bathrooms: 1
Interior Size: 900 ft²
Frontage: 52 ft
Style: Bungalow
Basement: Full
Heating: Forced air
Garage: Gravel
Ownership: Freehold
Listed: 21 days ago

Rooms

Main level

Eat in kitchen: 17'×9'
Bedroom: 9.5'×12.5'
Bedroom: 9'×8.5'
Bedroom: 8.3'×12.8'

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

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Temagami listings, avg age

203d

Price / ft²

$178

List price

$160K

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.

Haho

This 3-bed single family in Temagami has been listed for 21 days, which is 182 days fresher than the city average of 203. Act while there is still low competition.

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Listed by REVEL REALTY INC., BROKERAGE · JORDAN STEPHENS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $159,900, about 2.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $31,234 (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)

$159,900· $178/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $7,995

Min 5%50%

Mortgage payment$842/mo

↳ CMHC premium ($6,076 capitalized)

Est. property tax$133/mo

Total monthly$975

Cash Needed to Close

Down payment (5%)$7,995

Land transfer tax$1,324

Est. closing costs$2,980

Total cash needed$12,299

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