$399,900

For sale

74 French Settlement Lane, Tweed (Hungerford (Twp)) - Single Family for Sale

74 French Settlement Lane, Tweed (Hungerford (Twp)), Ontario, K0K3J0

2 beds1 bath3 parking900 ft²416 × 155 ft (1.48 acres) lot sizeListed 83 days ago

Overview

This 2-bedroom, 1-bathroom home in Tweed is for sale offering roughly 900 sq ft of space. It has been on the market 83 days, fresher than the Tweed average of 100 days.

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Description

Looking for a unique 3 season waterfront paradise, this could be the one! Nestled amongst the trees on the serene shores of the Moira River with 400ft of waterfrontage is this charming three season cottage which offers amazing views in a private and peaceful setting. Step inside this furnished cottage, to be greeted with an open concept layout and lots of natural light. Kitchen/dining area with ample of cabinetry and walkout to spacious deck with a screened-in room, perfect for entertaining, BBQ's, or enjoying gorgeous sunsets. Living room with an abundance of windows for picturesque views of the river. 2 spacious bedrooms and a 3pc bathroom. Outside, this lovely 1.6 acres has a second cottage that has the potential to be renovated for all your extended family, a bunkie for your guests, a large shed/workshop for tinkering around in, lots of beautiful gardens and a dock already in place for your fishing boat. Whether fishing off your dock or swimming, kayaking or spending time around the firepit, or just relaxing on your deck, this could be your perfect getaway! (id:66096)

Property Details

MLS®: X13676998
Property Type: Single Family
Zoning: LSR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 416 × 155 ft (1.48 acres)
Frontage: 416 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 6.09 x 3.65 meters
Dining room: 3.65 x 3.04 meters
Kitchen: 3.04 x 3.04 meters
Primary Bedroom: 3.65 x 3.04 meters
Bedroom 2: 3.65 x 3.04 meters
Bathroom: 2.1 x 1.52 meters

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

Features

Appliances: Water Heater
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Wooded area, Irregular lot size, Open space, Flat site, Level

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Tweed (Hungerford (Twp)) listings, avg age

100d

Price / ft²

$444

List price

$400K

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 2-bed single family in Tweed (Hungerford (Twp)) has been listed for 83 days, which is 17 days fresher than the city average of 100. Act while there is still low competition.

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Listed by Re/Max Quinte Ltd. · Karen Calvert

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $399,900, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900· $444/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$164/mo

Total monthly$2,270

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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