$689,900

For sale

372 Gunter Lake Road, Tudor and Cashel (Cashel Ward) - Single Family for Sale

372 Gunter Lake Road, Tudor and Cashel (Cashel Ward), Ontario, K0L1W0

5 beds2 baths3 parking1,750 ft²200 × 317 ft (1.45 acres) lot sizeListed 14 days ago

Overview

This 5-bedroom, 2-bathroom home in Tudor and Cashel is for sale offering roughly 1,750 sq ft of space. It has been on the market 14 days, fresher than the Tudor and Cashel average of 80 days.

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Description

Two Cottages, One Waterfront - Gunter Lake Two fully renovated detached cottages on almost an acre acres with 200 feet of Gunter Lake waterfront. Live in one, rent the other, or fill both with family - this property works as a multi-generational compound, a private retreat, or an income-producing investment. Cottage One features 3 bedrooms and 1 bathroom, a spacious living area, full kitchen, main floor laundry and walkout to a private deck overlooking the water- built for entertaining, with real rental potential. Cottage Two offers a beautifully updated 2-bedroom, 1-bathroom layout with a bright living area and lake views-ideal for year-round living or weekend escapes. Both cottages share a private dock with lake access. Swim, boat, and fish from the shoreline, and watch westerly sunsets from the deck. Please note: a shore road allowance (not owned) runs between the cottages and the lake. A hot tub (2022) sits between the cottages in its own private setting. The practical boxes are checked: roof 2022, AC 2022, two backup generac generators servicing both cottages, fully winterized, year-round municipal road. Drilled and dug wells, septic, electric fireplace. Tudor and Cashel township, minutes to Highway 62. Also Close to the snowmobile trails! (id:66096)

Property Details

MLS®: X14110306
Property Type: Single Family
Zoning: RR
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 200 × 317 ft (1.45 acres)
Frontage: 200 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Waterfront: Yes
Ownership

Rooms

Main level

Living room: 3.54 x 2.84 meters
Primary Bedroom: 3.67 x 2.96 meters
Bedroom 2: 3.67 x 2.98 meters
Bathroom: 4.5 x 1.53 meters
Dining room: 3.79 x 4.03 meters
Kitchen: 3.43 x 4.03 meters
Bedroom: 3.46 x 3.18 meters
Bedroom 2: 3.56 x 3.18 meters
Bedroom 3: 3.54 x 2.62 meters
Bathroom: 2.26 x 1.52 meters
Living room: 4.71 x 4.12 meters

Features

Appliances: Hot Tub, Water Heater
Foundation: Stone, Block
Exterior: Vinyl siding
Lot Features: Irregular lot size, Flat site

Services

Water: Drilled Well, Dug Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Tudor and Cashel (Cashel Ward) listings, avg age

80d

Price / ft²

$394

List price

$690K

Homes here sell below asking price

Homes in this market sold for an average of 92.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Tudor and Cashel (Cashel Ward) has been listed for 14 days, which is 66 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Century 21 Granite Realty Group Inc. · Wade Kovacic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $689,900, about 8.7× the local median household income of $79,000.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$689,900· $394/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.38% · $43,990

Min 6.38%50%

Mortgage payment$3,581/mo

↳ CMHC premium ($25,836 capitalized)

Property tax (est.)$409/mo

Total monthly$3,990

Cash Needed to Close

Down payment (6.38%)$43,990

Land transfer tax$10,273

Est. closing costs$4,570

Total cash needed$58,833

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