$699,900

For sale

8 Farlain Lake Road East, Tiny - Single Family for Sale

8 Farlain Lake Road East, Tiny, Ontario, L9M0B5

3 beds1 bath4 parking900 ft²50 × 211 ft (10,540 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 1-bathroom home in Tiny is for sale offering roughly 900 sq ft of space. Listed at $699,900, it is attractively priced about 19% below the $859,800 median asking price in Tiny. It has been on the market 51 days, fresher than the Tiny average of 98 days.

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Description

Experience refined waterfront living on beautiful Farlain Lake with this west-facing, four-season 3-bedroom, 1-bathroom retreat, perfectly positioned to capture breathtaking sunsets over the water. A sandy-bottom shoreline with a gentle lake entry creates an inviting setting for swimming, relaxing and enjoying long summer days by the lake. Extensively updated in 2015, the interior offers a bright and welcoming atmosphere highlighted by a second-floor loft and large bay window overlooking the waterfront. Outdoors, mature oak trees frame a spacious deck, creating a peaceful setting for dining, entertaining or unwinding in the shade, while the updated dock provides the perfect spot to soak up the sun. A screened-in porch allows you to enjoy warm evenings in comfort, and the lakeside firepit adds to the quintessential cottage experience. An insulated bunkhouse provides additional space for family and guests, while generous storage, an insulated crawlspace and heat-traced waterlines completed in 2021 add practical comfort to this charming year-round waterfront escape. (id:66096)

Property Details

MLS®: S13781666
Property Type: Single Family
Zoning: SR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 50 × 211 ft (10,540 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Raised bungalow
Basement: None
Heating: Natural gas, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 2.73 x 3.05 meters
Dining room: 2.73 x 2.74 meters
Living room: 5.53 x 3.52 meters
Primary Bedroom: 2.85 x 2.18 meters
Bedroom 2: 2.47 x 2.18 meters
Bedroom 3: 1.7 x 2.29 meters

Second level

Family room: 5.43 x 3.01 meters
Other: 2.73 x 2.18 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, Microwave
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Tiny listings, avg age

98d

Price / ft²

$778

List price

$700K

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 51 days, which is 47 days fresher than the city average of 98. Act while there is still low competition.

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Listed by Team Hawke Realty · YVETTE ROBITAILLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9M)

This home lists at $699,900, about 9.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.

Median household income: $76,000
Population: 16,607
Median age: 53.2
Owner / renter: 83% / 17%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L9M)

$699,900· $778/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$267/mo

Total monthly$3,897

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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