$549,900

For sale

50 Balsam Street, Tiny - Single Family for Sale

50 Balsam Street, Tiny, Ontario, L0L1P1

3 beds1 bath2 parking900 ft²40 × 125 ft (5,000 sq ft) lot sizeListed 86 days ago

Overview

This 3-bedroom, 1-bathroom home in Tiny is for sale offering roughly 900 sq ft of space. Listed at $549,900, it is attractively priced about 36% below the $859,800 median asking price in Tiny. It has been on the market 86 days, fresher than the Tiny average of 99 days.

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Description

Newly updated charming 4-Season Cottage Just Steps to the Beach! Welcome to 50 Balsam Steet, a well-maintained 3-bedroom, 1-bathroom 4-season cottage or year-round home, perfectly located on a quiet dead-end road and just a short stroll to the beautiful waters of Georgian Bay in Woodland Beach. Offering the ideal blend of comfort, convenience, and character, this inviting property is move-in ready for year-round enjoyment. Step inside to a warm and welcoming interior, kept comfortable in all seasons with central air conditioning and newer furnace (installed December 2024). The open-concept layout offers a relaxed cottage vibe while providing the essentials for everyday living. Outside, you'll love the beautifully landscaped front garden, ideal for morning coffee or evening gatherings on the sunny front deck. The large fully fenced yard is perfect for children, pets, or simply enjoying your own private outdoor space. Amenities within walking distance include, a family restaurant, LCBO, and Tiny Family Foodmart. Whether you're searching for a weekend retreat, or year-round residence, this delightful property offers it all with cozy living in a peaceful, beachside community. Don't miss your chance to own a slice of paradise! (id:66096)

Property Details

MLS®: S13657848
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 125 ft (5,000 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $1,581.57/yr
Listed

Rooms

Main level

Bedroom: 3.35 x 2.47 meters
Bedroom 2: 3.35 x 2.47 meters
Bedroom 3: 2.68 x 2.41 meters
Kitchen: 3.75 x 2.77 meters
Living room: 3.51 x 2.96 meters
Bathroom: 1.86 x 1.31 meters
Utility room: 1.52 x 1.37 meters

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

Features

Appliances: Refrigerator, Stove, Window Coverings
Foundation: Block
Exterior: Vinyl siding
Lot Features: Cul-de-sac, Level, Carpet Free

Services

Sewer: Holding Tank
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Tiny listings, avg age

99d

Price / ft²

$611

List price

$550K

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 86 days, which is 13 days fresher than the city average of 99. Act while there is still low competition.

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Listed by RE/MAX By The Bay Brokerage · MATTHEW CONBOY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0L)

This home lists at $549,900, about 5.2× the local median household income of $106,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 1% 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)

$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.)$132/mo

Total monthly$3,014

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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