$349,000

For sale

#3 111 NORTH SHORE Road, The Archipelago (Archipelago North) - Single Family for Sale

#3 111 NORTH SHORE Road, The Archipelago (Archipelago North), Ontario, P0G1K0

2 beds1 bath1 parking350 ft²Listed 92 days ago

Overview

This 2-bedroom, 1-bathroom home in The Archipelago is for sale offering roughly 350 sq ft of space. It has been on the market 92 days, fresher than the The Archipelago average of 128 days.

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Description

AFFORDABLE GEORGIAN BAY! BRING YOUR SUITCASE and START ENJOYING 'COTTAGE LIFE'! Proven Rental Income! Renowned Pointe au Baril, Desirable Sandy Beach, Western Sunsets! This 3 Season Cottage Condominium Waterfront includes 'Turnkey' 2 bedroom Cottage, Designated Dock Slip, Updated fully equipped kitchen, New kitchen & flooring, Furniture & contents, Easy care Laminate floors, Updated 4 pc bath w/custom tile & heated towel rack, Large Private sundeck with new glass railings to enjoy the Bay Views & Breezes, Large shed w/bar fridge, Easy level access to your Cottage Bungalow, No need to worry about grass cutting or property maintenance. Only $366.14 per month includes Dockage, Property Maintenance, Water & sewer, Internet & TV, Families of all ages will love the Private Sandy Beach, Fire pit areas, Swimming pool, New PICKLE BALL courts, Tennis Courts, Gym, Great fishing & swimming, Protected waters & bay views, Strong rental income; Opportunity to rent through Pleasant Cove Resort & help pay expenses, All while enjoying your own Waterfront Condo on Georgian Bay, Explore the 30,000 Islands, Ojibway Club, Pointe au Baril Station Restaurant & amenities, Liquor store, Nurses station, 25 mins to Parry Sound, 2.5 hours to the GTA, ENJOY COTTAGE LIFE with an INCOME! INVEST TODAY & MAKE YOUR COTTAGE DREAM A REALITY! (id:66096)

Property Details

MLS®: X13635842
Property Type: Single Family
Zoning: WF
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 350 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Pool: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $1,226/yr

Rooms

Main level

Primary Bedroom: 3.4 x 2.67 meters
Other: 3.56 x 3.05 meters
Bedroom: 3.4 x 2.64 meters
Bathroom: 2.39 x 1.52 meters
Living room: 3.89 x 3.56 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Furniture, Water Heater
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Rolling

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

92d

The Archipelago (Archipelago North) listings, avg age

128d

Price / ft²

$999

List price

$349K

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 North) has been listed for 92 days, which is 36 days fresher than the city average of 128. Act while there is still low competition.

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Listed by RE/MAX Parry Sound Muskoka Realty Ltd · HOLLY CASCANETTE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0G)

This home lists at $349,000, about 4.8× the local median household income of $72,000.

Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$349,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,450

Min 5%50%

Mortgage payment$1,838/mo

↳ CMHC premium ($13,262 capitalized)

Property tax (est.)$102/mo

Total monthly$1,940

Cash Needed to Close

Down payment (5%)$17,450

Land transfer tax$3,710

Est. closing costs$3,547

Total cash needed$24,707

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