Homula Realty Brokerage
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1186 Fantham Road, Kapuskasing, ON P0L 1G0

3 beds · 1 bath · 1 kitchen · 3 rooms · 6 parking spaces · 700-1100 sq ft · Detached
$229,999
Property tax
$1,726 / year

Escape to your own Northern Ontario retreat! Nestled among mature trees in the welcoming community of Fauquier, this beautifully maintained 4-season cottage offers the perfect place to relax, entertain and make lasting family memories. Approximately 750 sq. ft. including the sunroom, this charming cottage is filled with warm pine and features cathedral ceilings, a cozy wood stove, 3 bedrooms (1 main floor and 2 loft), full bathroom with tub/shower, electric heat and A/C.Outside is where this property truly shines! Enjoy an expansive deck, above-ground resin pool, full-size hot tub in a screened gazebo and a beautiful fire pit area surrounded by trees. The sale includes TWO adjoining leased lots, with the corner lot providing fantastic extra space for family gatherings, guest camping, recreation or additional parking. Located directly across a quiet road from the lake and surrounded by Northern Ontario wilderness. Year-round maintained road with weekly garbage and recycling service. Water softener and certified reverse-osmosis drinking water system. Fridge, stove, washer, dryer, most furniture, dishes and many household items are included-making this a wonderful turnkey getaway. Combined lease and road maintenance fees for both lots are only $2,400/year. Come experience the peace, privacy and charm of Northern cottage life! *For Additional Property Details Click The Brochure Icon Below*

MLS number
T13704460
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0L 1G0
Photos
34
Laundry
Not in the unit
22days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$46,000 · minimum here is $11,500
$1,018.38per month
Borrowed before insurance$183,999
Total borrowed$183,999
Interest over 25 years at 4.5%$121,516

If you rented it out

-$1,162.22per month out of pocket
Rent$0.00
Everything it costs to hold$1,162.22
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ICI SOURCE REAL ASSET SERVICES INC.. Listing data provided by the Toronto Regional Real Estate Board.