$679,000

For sale

24 Fernanne Drive, Tiny - Single Family for Sale

24 Fernanne Drive, Tiny, Ontario, L0L2J0

3 beds2 baths4 parking1,300 ft²85 × 131 ft (11,135 sq ft) lot sizeListed 54 days ago

Overview

This 3-bedroom, 2-bathroom home in Tiny is for sale offering roughly 1,300 sq ft of space. Listed at $679,000, it is attractively priced about 21% below the $859,800 median asking price in Tiny. It has been on the market 54 days, fresher than the Tiny average of 99 days.

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Description

Tucked away on a quiet cul-de-sac just minutes walk to renowned Cawaja Beach, this 3-bedroom, 2-bathroom home offers everything you need to enjoy the best of life in Tiny Township. Set on a generous 85' x 131' lot, the property offers a peaceful setting with mature trees, attractive landscaping, multiple decks and patio doors that create an easy connection between indoor and outdoor living. Inside, hardwood floors, warm wood accents and plenty of natural light give the home an inviting feel, with a comfortable layout suited to both everyday living and weekends by the Bay. The finished walkout lower level adds valuable living space and offers excellent potential for an in-law setup, extended family or guests. Outside, there's plenty of room to relax, entertain and enjoy summer evenings at home. Just minutes away, spend the day on the sandy shores of Cawaja Beach, stop by the nearby General Store, and enjoy the relaxed pace of one of Tiny's most desirable beachside communities. With Midland and Penetanguishene an easy drive away, this is a great opportunity to enjoy the Georgian Bay lifestyle as a year-round home or four-season escape. (id:66096)

Property Details

MLS®: S13774112
Property Type: Single Family
Zoning: SR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 85 × 131 ft (11,135 sq ft)
Frontage: 85 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full, Walk out
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.36 x 7.27 meters
Dining room: 3.51 x 3.07 meters
Kitchen: 3.51 x 4.16 meters
Primary Bedroom: 3.36 x 5.83 meters
Bedroom 2: 3.09 x 2.77 meters
Bedroom 3: 3.09 x 2.77 meters
Other: 3.05 x 1.86 meters

Lower level

Utility room: 3.26 x 4.57 meters
Recreational, Games room: 6.72 x 6.86 meters
Recreational, Games room: 3.05 x 1.86 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater
Foundation: Block
Exterior: Wood
Lot Features: Cul-de-sac, Wooded area, Dry, Guest Suite

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Tiny listings, avg age

99d

Price / ft²

$522

List price

$679K

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.

Haho

This 3-bed single family in Tiny has been listed for 54 days, which is 45 days fresher than the city average of 99. Act while there is still low competition.

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Listed by Real Broker Ontario Ltd. · LORRAINE JORDAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0L)

This home lists at $679,000, about 6.4× the local median household income of $106,000.

Carrying it typically needs a household income of about $132,632 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $106,000
Population: 42,022
Median age: 46.8
Owner / renter: 89% / 11%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L0L)

$679,000· $522/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $42,900

Min 6.32%50%

Mortgage payment$3,527/mo

↳ CMHC premium ($25,444 capitalized)

Property tax (est.)$265/mo

Total monthly$3,792

Cash Needed to Close

Down payment (6.32%)$42,900

Land transfer tax$10,055

Est. closing costs$4,537

Total cash needed$57,492

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