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$499,000
Tiny
15 Bow Road, Tiny, Ontario, L9M0B3
This 1-bedroom, 1-bathroom home in Tiny is for sale offering roughly 900 sq ft of space. It has been on the market 61 days, fresher than the Tiny average of 98 days.
Rare four-season waterfront opportunity on sought-after Penetang Bay. The property dimensions (from geowarehouse) are 44.43 ft x 124.88 ft x 55.51 ft x 147.25 ft. irregular lot. The waterfront is sandy, perfect for swimming, water toys and a rock break wall is in place. The property represents the perfect canvas for someone looking for a 'diamond in the rough' with direct water access. So much is already done as this property has a working 1000 gallon septic system, (installed in. 1999) drilled well, 100 amp service, electric baseboard heaters, a wood stove in the 750 sq foot 1 bedroom home/cottage on pier foundation. It has a kitchen, utility room with laundry, and recently updated 3 piece bathroom. Whether you are looking for an affordable weekend retreat, a year-round home project, or a high-potential investment property, this entry-level waterfront price tag is hard to beat. The municipal road is plowed in the winter. There are only a few homes on the road making it a low traffic road with a municipal park at the end of the road. Only 90 minutes from Toronto. Don't wait. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 61 days on market, against an average age of 98 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Tiny has been listed for 61 days, which is 37 days fresher than the city average of 98. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 6.6× the local median household income of $76,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice