$5,700,000

For sale

1 A307 Island, The Archipelago (Archipelago North) - Single Family for Sale

1 A307 Island, The Archipelago (Archipelago North), Ontario, P0G1K0

6 beds5 baths0 parking4,250 ft²Listed 64 days ago

Overview

This 6-bedroom, 5-bathroom home in The Archipelago is for sale offering roughly 4,250 sq ft of space. It has been on the market 64 days, fresher than the The Archipelago average of 127 days.

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Description

Once in a very long while, an opportunity so rare and so captivating comes along that it stirs the senses and pulls gently at your heartstrings. There are places you admire and places you remember. And then, there are places that make you never want to leave. Welcome to Illahee - preeminence defined, in every sense. Just a few minutes from the historic Pointe au Baril Ojibway Club, this extraordinary 3.2-acre offering is prominently positioned on an outer island, at the edge of the vast, crystal-clear blue waters of Georgian Bay. Comprised of two adjacent private islands, this a private world unto itself. The topography is flat. The views are surreal. And the buildings are true architectural masterpieces. With over 4600 square feet of gracious indoor living space, 5+ bedrooms, 5 baths and five wood-burning granite fireplaces, plus over 3900 square feet of outdoor deck and craftsman-laid stone patios, the stage is set for large family gatherings, grand dinner parties with friends and neighbours, and intimate, candlelit moments beneath the stars on the flagstone terrace. Illahee. A place of rare distinction. A place to be remembered. A place to stay. (id:66096)

Property Details

MLS®: X13732894
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 5
Half Baths: 2
Parking: 0
Interior Size: 4,250 ft²
Frontage: 2,749 ft
Storeys: 2
Basement: None
Heating: Radiant heat, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 8.37 x 5.38 meters
Dining room: 5.28 x 3.94 meters
Family room: 7.65 x 3.5 meters
Kitchen: 4.54 x 2.59 meters
Den: 3.61 x 3.59 meters
Pantry: 4.04 x 1.91 meters
Sunroom: 10.4 x 4.16 meters
Bathroom: 2.22 x 1.06 meters

Second level

Bedroom 2: 3.59 x 4.69 meters
Bedroom 3: 5.09 x 3.81 meters

Features

Appliances: Water purifier, Garburator, Oven - Built-In, Furniture, Window Coverings, Water Heater
Flooring: Hardwood
Foundation: Block, Concrete, Wood/Piers
Exterior: Wood, Stone
Lot Features: Wooded area, Irregular lot size, Dry, Carpet Free, Guest Suite

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

The Archipelago (Archipelago North) listings, avg age

127d

Price / ft²

$1,341

List price

$5.70M

Homes here sell slower than most markets

Sold homes in this market spent an average of 103 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 94.6 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 The Archipelago (Archipelago North) has been listed for 64 days, which is 63 days fresher than the city average of 127. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · RONALD REAMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0G)

This home lists at $5,700,000, about 79.2× the local median household income of $72,000.

Carrying it typically needs a household income of about $1,113,410 (20% down, 25-yr amortization, stress-tested) — roughly 1446% above the area median.

Median household income: $72,000
Population: 3,553
Median age: 58
Owner / renter: 92% / 8%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P0G)

$5,700,000· $1,341/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,140,000

Min 20%50%

Mortgage payment$24,309/mo

Property tax (est.)$1,109/mo

Total monthly$25,418

Cash Needed to Close

Down payment (20%)$1,140,000

Land transfer tax$128,975

Est. closing costs$19,600

Total cash needed$1,288,575

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