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26 Macey Bay Road, Georgian Bay, ON L0K 1S0

3 beds · 2 baths · 1 kitchen · 7 rooms · 5 parking spaces · 1100-1500 sq ft · Detached
$820,000
Property tax
$3,147 / year

Welcome to 26 Macey Bay Road. This brand new, fully winterized home/cottage on Southern Georgian Bay features about 1,200 square feet of living space and breathtaking views to the south west. With 3 bedrooms and 2 bathrooms plus a bunkie you have lots of room to entertain family and friends. The open living/dining/kitchen area has a woodstove and boasts a vaulted ceiling with massive windows facing the waterfront. There's a huge deck that wraps around the side to provide different vantage points to soak in the panoramic view. If you are a boater, you will enjoy unlimited boating that Georgian Bay offers. In the winter, there are snowmobile trails right near your front door and you are only 20 minutes or so to Mount St. Louis ski resort. There are opportunities for year round entertainment and fun so don't miss this one.

MLS number
X12822758
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
L0K 1S0
Photos
24
Laundry
Not in the unit
199days · 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

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 931 people.

$92,000Median household income
87.3%Own their home
79.3%Detached houses
59.2Median age
12.9%Born outside Canada
20%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440276 — the few blocks around this address, home to 931 people. It describes the area, not this property.

931Population
53.3Average age
2.1Household size
$117,200Average household income
$92,000Median household income
87%Own their home
13%Rent
10%Condominiums
13%Born outside Canada
20%University degree
$808,000Average home value
7%Low income
93%Not in the labour force
18%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over31%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over9%

Percentages are of the 630 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$164,000 · minimum here is $57,000
$3,630.78per month
Borrowed before insurance$656,000
Total borrowed$656,000
Interest over 25 years at 4.5%$433,235

If you rented it out

-$3,893.03per month out of pocket
Rent$0.00
Everything it costs to hold$3,893.03
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 Royal LePage In Touch Realty. Listing data provided by the Toronto Regional Real Estate Board.