$1,950,000

For sale

4 Pinewood Drive, Tiny - Single Family for Sale

4 Pinewood Drive, Tiny, Ontario, L0L2T0

3 beds1 bath3 parking1,300 ft²50 × 220 ft (11,000 sq ft) lot sizeListed 91 days ago

Overview

This 3-bedroom, 1-bathroom home in Tiny is for sale offering roughly 1,300 sq ft of space. It has been on the market 91 days, fresher than the Tiny average of 98 days.

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Description

Here is a superb beachfront cottage, enjoying secluded privacy at Deanlea Beach on the shores of Georgian Bay in Tiny Township. This is a rare and highly desirable property, less than an hour and a half from the GTA. Fully modernized, this charming cottage is an outstanding example of the ideal beach summer location. At the end of Pinewood Drive in Deanlea Beach, there is virtually no traffic at this cottage. Ten solar panels significantly reduce the cost of electricity consumed at the cottage. Summer, sand and sunsets at the beach merge at this secluded cottage property situated at the end of Pinewood Drive on Deanlea Beach. The 3-bedroom seasonal cottage was upgraded in 2016 with a custom-built kitchen, new plumbing and wiring, flooring, drywall, bedroom soundproofing, and added insulation in floors, walls, and ceiling, and a new bathroom vanity and shower, and new kitchen appliances. An Armor stone retaining wall was added on the beach in 2019, providing high-water protection and a perfect 'sunset viewing room'. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: S13638034
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 50 × 220 ft (11,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Raised bungalow
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Bedroom 3: 3.05 x 2.74 meters
Bedroom 2: 3.05 x 2.74 meters
Living room: 9.14 x 3.35 meters
Kitchen: 6.09 x 5.18 meters
Foyer: 3.05 x 1.83 meters
Bedroom: 3.05 x 5.18 meters

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

Features

Appliances: Oven, Microwave
Foundation: Block
Exterior: Vinyl siding
Lot Features: Solar Equipment

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Tiny listings, avg age

98d

Price / ft²

$1,500

List price

$1.95M

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 91 days, which is 7 days fresher than the city average of 98. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0L)

This home lists at $1,950,000, about 18.4× the local median household income of $106,000.

Carrying it typically needs a household income of about $380,903 (20% down, 25-yr amortization, stress-tested) — roughly 259% 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)

$1,950,000· $1,500/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $390,000

Min 20%50%

Mortgage payment$8,316/mo

Property tax (est.)$506/mo

Total monthly$8,822

Cash Needed to Close

Down payment (20%)$390,000

Land transfer tax$35,475

Est. closing costs$8,350

Total cash needed$433,825

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