For saleJust listed

Yesterday

$380K

Thessalon, Ontario, P0R1L0

3 bd1 ba785 ft²Lot size 1.10 acres

Listed by Exit Realty True North

For saleJust listed

2 days ago

$190K

Thessalon, Ontario, P0R1L0

2 bd1 ba1,085 ft²

Listed by Royal LePage® Northern Advantage

For saleJust listed

2 days ago

$450K

Thessalon, Ontario, P0R1L0

3 bd3 ba1,650 ft²

Listed by Exit Realty True North

For saleJust listed

6 days ago

$650K

Thessalon, Ontario, P0R1L0

4 bd1 ba1,499 ft²Lot size 48 acres

Listed by Royal LePage® Northern Advantage

Investment analysis

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$599,000

Thessalon

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$599,000

For sale

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Address not available, Thessalon - Single Family for Sale

Thessalon, Ontario, P0R1C0

3 beds2 baths900 ft²Listed 119 days ago

Overview

This 3-bedroom, 2-bathroom home in Thessalon is for sale offering roughly 900 sq ft of space.

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Description

Welcome to beautiful Big Basswood Lake! This extensively renovated, turn-key waterfront retreat offers 135 feet of pristine shoreline and breathtaking lake views. Originally built in 1986, this cottage has been transformed with all new windows and doors, Hardie Board siding, steel roofing, a stunning new kitchen with updated appliances, and tasteful décor throughout. The open-concept main floor is designed to capture panoramic water views and opens onto a full-width deck with new glass railings overlooking the lake. The lower level has been converted into a private guest suite featuring its own four-piece bathroom and an impressive laundry room, creating additional space for family, friends, or rental opportunities. Outside, enjoy the new wood-fired sauna and all new outdoor furniture, all included with the sale. Even the interior furnishings and décor are included, making this property truly move-in ready. Renowned for its excellent fishing, boating, and swimming, Big Basswood Lake is one of the area's most desirable destinations. Whether you're searching for the perfect family getaway, year-round retreat, or income-producing property, this exceptional cottage is ready to be enjoyed from day one. (id:66096)

Property Details

MLS®: SM261781
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 0
Interior Size: 900 ft²
Year Built: 1986
Storeys: 1
Basement: Partially finished, Partial
Heating: Baseboard heaters, Electric
Garage: No Garage, Gravel
Waterfront: Yes
Property Tax: $3,000/yr
Listed: 119 days ago

Rooms

Main level

Kitchen: 8.45x12
Living room/Dining room: 11.5X24
Bedroom: 11.8X9.9
Bathroom: 7X5

Second level

Bedroom: 11X23

Basement

Bedroom: 14.7X13.5
Bathroom: 7X14.11

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

Features

Foundation: Poured Concrete
Exterior: Hardboard
Lot Features: Balcony, Crushed stone driveway

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

119d

Thessalon listings, avg age

87d

Price / ft²

$666

List price

$599K

Haho

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Listed by Century 21 Choice Realty Inc. · Ryan Dodd

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0R)

This home lists at $599,000, about 8.7× the local median household income of $68,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.

Median household income: $68,500
Population: 12,976
Median age: 54.8
Owner / renter: 83% / 17%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0R)

$599,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$250/mo

Total monthly$3,377

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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