Homula Realty Brokerage
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10366 Highway 17 N, Algoma Remote Area, ON P0S 1A0

2+1 beds · 2 baths · 1 kitchen · 5 rooms · 20 parking spaces · 1500-2000 sq ft · Laundry on the main level level · Detached
$689,000
Property tax
$531 / year

Welcome to 10366 Batchawana Bay! This extremely well cared for All season Log cabin has been updated and renovated (07') to make your new property a place of warm inviting comfort. This property sits across from the quiet warm shallow waters of Batchawana Bay. With direct unobstructed views and easy access to over 7Kms of one of Canada's top 10 beaches you can enjoy spectacular sunsets and beautiful moon rises all from your front porch. The beach is hard packed Sand and easy to walk along. The log cabin itself has a magnificent floor to ceiling Stone Fireplace with Propane gas Insert. A large primary bedroom and large ensuite ensure owner creature comforts are cared for including Radiant In-floor heating. Radiant in-floor heating is also in Bedroom #2 and the entire basement. A 200Amp service is there to ensure you wont be caught short on any hobbies or projects. Towards the back of the property is a massive garage with 2 10' automatic doors. The concrete base is 8" thick to allow for a potential car hoist if required. The outbuilding (10x14) next to the home can be an office/indoor hot tub or an additional bedroom complete with its own propane heater. A survey is available and the entire property has been staked. The metal roof will give you peace of mind during the winter season. A screened in porch (10x14) is set up just outside the primary bedroom. This home is very well situated only 30-40 minutes from city shopping, dining, and a modern hospital. The High-speed internet (Fibre Optic) access ensures real world connectivity making this an ideal home across from Lake Superior... The word's largest freshwater Lake.

MLS number
X12993246
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P0S 1A0
Photos
48
Laundry
Main Level level
153days · 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.

$137,800 · minimum here is $43,900
$3,050.74per month
Borrowed before insurance$551,200
Total borrowed$551,200
Interest over 25 years at 4.5%$364,023

If you rented it out

-$3,094.99per month out of pocket
Rent$0.00
Everything it costs to hold$3,094.99
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 SUTTON GROUP QUANTUM REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.