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2 A258 Island (Lakeside & Blueberry PT), The Archipelago, ON P0G 1K0

6 beds · 3 baths · 2 kitchens · 15 rooms · 2500-3000 sq ft · Detached
$4,950,000
Property tax
$7,997 / year

Combined Two-Cottage Waterfront Offering - 3-Season, Turnkey Property. Experience breathtaking sunsets and stunning open-water views from this beautifully refurbished waterfront retreat in the highly sought-after Pointe au Baril area.The approximately 2,000 sq. ft. Lakeside cottage has been extensively updated throughout and features a new 200-amp electrical service, owned propane hot water on demand, new windows, a new septic system, and elegant glass-and-tile showers.The spacious bunkie offers two large bedrooms-one with two beds and the other with bunk beds-both complete with built-in closets. A convenient two-piece Jack-and-Jill bathroom connects the bedrooms. There is also potential to create a private outdoor shower overlooking the water. Outside, enjoy new cedar decking surrounding much of the building, along with beautiful glass railings overlooking the stone-and-wood patio. The property includes two docks and a covered boat port measuring approximately 9 feet wide by 20 feet long. Blueberry Point Cottage has outdoor living space is equally impressive, with a first-class patio, quality outdoor furniture, and breathtaking views that make it the perfect place to relax or entertain. It has (3) Three bedrooms, a 3pc bath and is eligible for 3 bunkies of up to 540 sq ft each. Located just minutes from the Ojibway Club and the iconic Pointe au Baril Lighthouse, the property is also approximately 10 minutes by boat through protected waters to the Pointe au Baril marina basin. Local amenities include an LCBO, Home Hardware, nursing station with ambulance service and a nurse practitioner, and a community centre, all accessible by boat or car. The property has been severed into two separate PINs, providing the option to purchase the combined Lakeside cottage and Blueberry Point property together or separately. Click the Virtual Tour link to view the full property video.

MLS number
X13555374
Type
Detached
Status
Active
Bedrooms
6
Bathrooms
3
Postal code
P0G 1K0
Photos
50
60days · this listing
60days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 979 people.

$83,000Median household income
92%Own their home
100%Detached houses
60.4Median age
9.5%Born outside Canada
22.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490210 — the few blocks around this address, home to 979 people. It describes the area, not this property.

979Population
55.1Average age
1.9Household size
$94,800Average household income
$83,000Median household income
92%Own their home
8%Rent
0%Condominiums
10%Born outside Canada
23%University degree
$772,000Average home value
10%Low income
97%Not in the labour force
15%Never married
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9996%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over28%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 675 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.

$990,000 · minimum here is $990,000
$21,917.53per month
Borrowed before insurance$3,960,000
Total borrowed$3,960,000
Interest over 25 years at 4.5%$2,615,259

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$14,333.95per month out of pocket
Rent$8,250.00
Everything it costs to hold$22,583.95
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 RE/MAX Parry Sound Muskoka Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.