$424,900

$429,000For salePrice drop↓ $4,100 (1%)

122 Cottage Lane, Tweed (Elzevir (Twp)) - Single Family for Sale

122 Cottage Lane, Tweed (Elzevir (Twp)), Ontario, K0K3J0

1 bed1 bath4 parking900 ft²158 × 79 ft (12,506 sq ft) lot sizeListed 34 days ago

Overview

This 1-bedroom, 1-bathroom home in Tweed is for sale offering roughly 900 sq ft of space. Listed at $424,900, it is attractively priced about 27% below the $584,000 median asking price in Tweed. It has been on the market 34 days, fresher than the Tweed average of 131 days.

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Description

Tucked away along the scenic Black River, this meticulously maintained year-round home/cottage offers the peaceful retreat you've been searching for. Set on a private road, the property combines privacy, nature, and convenience with access to Highway 7 nearby-close enough for easy commuting, yet far enough away that the sounds of traffic disappear. Inside, the cozy 1-bedroom home is warm and welcoming, while the separate bunkie comfortably sleeps four, making it ideal for hosting family and friends. Outdoors, the lifestyle truly shines with a two-tier deck overlooking the river; enjoy a morning coffee, evening entertaining, or simply soaking in the tranquil surroundings. A floating dock provides direct access to the water, while nearby rapids create a soothing natural soundtrack that makes this property feel like a true sanctuary where stress simply melts away. The grounds offers a shed for storage, a greenhouse, plenty of space for flower or vegetable gardens and features a double-wide driveway for added convenience. Whether you're looking for a peaceful full-time residence or the perfect cottage escape, this Black River gem is ready to be enjoyed year-round. (id:66096)

Property Details

MLS®: X13847970
Property Type: Single Family
Zoning: LSR
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 158 × 79 ft (12,506 sq ft)
Frontage: 158 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Electric
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 3.79 x 2.43 meters
Living room: 5.82 x 5.76 meters
Primary Bedroom: 5.87 x 3.02 meters
Bathroom: 3.11 x 1.89 meters
Laundry room: 2.84 x 2.55 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, Dishwasher, Stove, Dryer, Water Heater
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Irregular lot size, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Tweed (Elzevir (Twp)) listings, avg age

131d

Price / ft²

$472

List price

$425K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Tweed (Elzevir (Twp)) has been listed for 34 days, which is 97 days fresher than the city average of 131. Act while there is still low competition.

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Listed by Re/Max Quinte Ltd. · Bobbi McCrae

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $424,900, about 5.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $82,998 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$424,900· $472/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,245

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,146 capitalized)

Property tax (est.)$161/mo

Total monthly$2,399

Cash Needed to Close

Down payment (5%)$21,245

Land transfer tax$4,973

Est. closing costs$3,775

Total cash needed$29,993

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