$549,900

For sale

93 Ontario Street, Timiskaming (TIM - Outside - Rural) - Single Family for Sale

93 Ontario Street, Timiskaming (TIM - Outside - Rural), Ontario, P0J1G0

2 beds1 bath4 parking900 ft²109 × 276 ft (30,084 sq ft) lot sizeListed 104 days ago

Overview

This 2-bedroom, 1-bathroom home in Timiskaming is for sale offering roughly 900 sq ft of space. Its $549,900 asking price sits right in line with the $549,900 median in Timiskaming. It has been on the market 104 days, fresher than the Timiskaming average of 121 days.

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Description

Tranquility awaits in this thoughtfully updated and fully furnished home located directly on the Montreal River in Elk Lake. This newly imagined open concept living space feels cozy yet sophisticated, boasting stunning waterfront views throughout the home. Extensively renovated and expanded inside and out, this home has been transformed into a year round retreat. The kitchen, dining room and living room feature a vaulted ceiling and large sliding doors, providing an unobstructed view and access to the large wrap-around deck. Outside, a stunning professionally landscaped lot includes a new natural stone retaining wall and drive-down access to the large workshop equipped with a new hydro panel and can easily be converted into a waterfront bunkie. Renowned for hunting and fishing and nearby access to seemingly endless crown land trails, Elk Lake is a short 30 minute drive to Englehart and Matachewan and 40 minutes to New Liskeard, making it the perfect getaway while staying close to local amenities. (id:66096)

Property Details

MLS®: T13601536
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 109 × 276 ft (30,084 sq ft)
Frontage: 109 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Living room: 4.54 x 3.16 meters
Kitchen: 4.54 x 3.16 meters
Bathroom: 3.19 x 1.63 meters
Bedroom: 3.44 x 3.18 meters
Bedroom: 3.06 x 2.93 meters
Utility room: 2.34 x 1.93 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

104d

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

121d

Price / ft²

$611

List price

$550K

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 2-bed single family in Timiskaming (TIM - Outside - Rural) has been listed for 104 days, which is 17 days fresher than the city average of 121. Act while there is still low competition.

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Listed by Royal LePage Northern Life Realty, Brokerage · SHAWN THIBODEAU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0J)

This home lists at $549,900, about 7.6× the local median household income of $72,500.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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)

$549,900· $611/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$104/mo

Total monthly$2,987

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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