$424,900

For sale

124 Healey Lake Water, The Archipelago (Archipelago South) - Single Family for Sale

124 Healey Lake Water, The Archipelago (Archipelago South), Ontario, P2A2W8

2 beds2 baths0 parking1,300 ft²148 × 378 ft (1.28 acres) lot sizeListed 76 days ago

Overview

This 2-bedroom, 2-bathroom home in The Archipelago is for sale offering roughly 1,300 sq ft of space. Listed at $424,900, it is attractively priced about 39% below the $699,900 median asking price in The Archipelago. It has been on the market 76 days, fresher than the The Archipelago average of 111 days.

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Description

Motivated Seller. Seller willing to negotiate.Turn key including 17.5 ft Bayliner, canoe and paddle boat included! A-Frame cottage on highly sought-after Healey Lake, a short distance from Parry Sound & 2 hours from Toronto. End your days relaxing under the starry sky and fresh air around the stone fire pit area rather than inside 4 walls. Healey Lake is renowned for its great fishing and all of your boating activities. Ownership of the Shore Road Allowance. The cottage sits perched close to waters end for simple access to the waterfront. Enjoy the 149.5' of waterfront w/a sandy beach where many children have learned to swim over the years, & an area w/deeper water to dock boats and jump in to start your day with a splash! A cozy 2 bedroom cottage & loft. Space for family and friends to visit. 2x 3pc baths, a well-equipped kitchen, a dining area w/breathtaking views of the lake. Family room w/WETT certified Vermont Casting Resolute Wood Stove, ceiling fans, & a convenient laundry area. Walk out to lower and upper deck. Backup, plug-in generator. Metal roof. Enjoy the beautiful evening sunsets from the deck or dock. This proximity allows for easy access to any amenities or services you may need during your stay. Ready to enjoy before summers arrival. Experience the tranquility & beauty of cottaging on Healey Lake! This is a boat access cottage but it can also be reached by ATV & Snowmobile. Abutting crown land to add more activities from your door step adding full days of exploring and fun. (id:66096)

Property Details

MLS®: X13697692
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 1,300 ft²
Lot Size: 148 × 378 ft (1.28 acres)
Frontage: 148 ft
Storeys: 1
Basement: Partially finished, Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $1,450/yr
Listed

Rooms

Upper Level

Bedroom: 3.99 x 4.82 meters
Bedroom: 4.44 x 3.96 meters
Bathroom: 2.16 x 1.82 meters

Main level

Living room: 7.21 x 5.86 meters
Bathroom: 1.93 x 1.94 meters

Third level

Bedroom: 4.5 x 2.8 meters

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

Features

Appliances: Water Heater
Foundation: Block, Concrete
Exterior: Wood, Vinyl siding

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

The Archipelago (Archipelago South) listings, avg age

111d

Price / ft²

$327

List price

$425K

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 2-bed single family in The Archipelago (Archipelago South) has been listed for 76 days, which is 35 days fresher than the city average of 111. Act while there is still low competition.

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Listed by RE/MAX Parry Sound Muskoka Realty Ltd · DANIELLE BEITZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P2A)

This home lists at $424,900, about 5.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $82,998 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.

Median household income: $73,500
Population: 14,695
Median age: 54
Owner / renter: 76% / 24%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P2A)

$424,900· $327/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,245

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,146 capitalized)

Property tax (est.)$121/mo

Total monthly$2,359

Cash Needed to Close

Down payment (5%)$21,245

Land transfer tax$4,973

Est. closing costs$3,775

Total cash needed$29,993

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