$399,000

For sale

882881 65 Highway East, Timiskaming (TIM - Outside - Rural) - Single Family for Sale

882881 65 Highway East, Timiskaming (TIM - Outside - Rural), Ontario, P0J1P0

1 bed1 bath11 parking1,300 ft²392 × 559 ft (5.03 acres) lot sizeListed 86 days ago

Overview

This 1-bedroom, 1-bathroom home in Timiskaming is for sale offering roughly 1,300 sq ft of space. Listed at $399,000, it is attractively priced about 27% below the $549,900 median asking price in Timiskaming. It has been on the market 86 days, fresher than the Timiskaming average of 121 days.

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Description

Enjoy country living just minutes from town on this 5-acre hobby farm, complete with an established horse setup. The home features an open-concept kitchen and dining area with a large island, a spacious primary bedroom with walk-in closet, and an updated main bath with convenient laundry. The insulated garage is wired, heated from the home's boiler, and equipped with hot water and grey-water hookups. Equestrians will appreciate the barn with paddocks, along with fenced pasture and a riding ring. A tree-lined driveway provides privacy and a true country feel, all less than two minutes from town. A rare opportunity to find this much space so close to everything. (id:66096)

Property Details

MLS®: T13657644
Property Type: Single Family
Zoning: Rural
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 11
Interior Size: 1,300 ft²
Lot Size: 392 × 559 ft (5.03 acres)
Frontage: 392 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Baseboard heaters, Forced air, Electric, Wood
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $1,961.16/yr

Rooms

Main level

Kitchen: 5.63 x 5.79 meters
Living room: 5.02 x 4.57 meters
Laundry room: 1.52 x 2.43 meters
Primary Bedroom: 4.82 x 3.63 meters

Basement

Other: 5.63 x 4.57 meters
Utility room: 8.38 x 6.4 meters

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

Features

Appliances: Water meter, Water softener, Garage door opener remote(s), Water Heater
Foundation: Unknown
Exterior: Vinyl siding

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Timiskaming (TIM - Outside - Rural) listings, avg age

121d

Price / ft²

$307

List price

$399K

Homes here sell below asking price

Homes in this market sold for an average of 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Timiskaming (TIM - Outside - Rural) has been listed for 86 days, which is 35 days fresher than the city average of 121. Act while there is still low competition.

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Listed by CENTURY 21 TEMISKAMING PLUS BROKERAGE · Einas Makki

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0J)

This home lists at $399,000, about 5.5× the local median household income of $72,500.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $72,500
Population: 20,179
Median age: 47.6
Owner / renter: 78% / 23%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0J)

$399,000· $307/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$163/mo

Total monthly$2,265

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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