Homula Realty Brokerage
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106 Kapikog South Road, The Archipelago, ON P0G 1G0

3 beds · 1 bath · 1 kitchen · 1 rooms · 10 parking spaces · 700-1100 sq ft · Detached
$799,900
Property tax
$1,712 / year

Turn-key! Rare opportunity on beautiful Kapikog Lake, where drive-to waterfront properties are seldom available for sale.Owned & lovingly cared for by the same family for 39 years,this charming 3-bedroom,1-bath cottage is perfectly positioned on solid Canadian Shield,built right into the landscape at the water's edge.Expansive picture windows fill the living room w/stunning lake views w/ plenty of natural light.Vaulted ceilings,custom kitchen features galvanized steel countertops, the primary bedroom includes a clawfoot tub.A screened-in living area lets you relax while listening to nature,& the large waterside deck offers both sun & shade throughout the day. Extra space for guests w/ bunkie & trailer (optional).Enjoy owned shoreline allowance, deep water docking approximately 10 ft at the end of the dock, built on rock cribs & large enough to accommodate 3 boats A floating swim raft completes the waterfront. Kapikog Lake is a full-service lake ideal for fishing, boating,paddling, skiing, tubing & swimming. You'll enjoy peaceful boating w/no large high-powered boats. Families will love the children's playhouse.A large detached garage & covered side storage provide plenty of room for boats,ATVs, snowmobiles & cottage equipment.The level parking area accommodates 5-6 vehicles. Recent updates include underground hydro,100-amp breaker panel, garage, newer asphalt shingles, metal roof over the sunroom,new owned hot water tank & electric baseboard heating.Turn-key & ready to enjoy, this offering includes almost all furnishings, a 14-ft aluminum boat w/9.9 Johnson motor, a 15-ft runabout w/55 hp Johnson motor & a 12-ft kayak. Surrounded by Crown land.Located minutes to Mactier for groceries,restaurants & the market,w/easy access to Hwy 400 & Parry Sound offering a hospital,shopping,events, community centre, marina & more.Just pack your bags & start enjoying everything cottage life has to offer this summer.Click the media arrow below for more info!

MLS number
X13578270
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0G 1G0
Photos
42
56days · this listing
56days · 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.

Approximate — placed from the postal code, which can cover a block or more.

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 648 people.

$95,000Median household income
100%Own their home
96.7%Detached houses
57.2Median age
8.4%Born outside Canada
24.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490231 — the few blocks around this address, home to 648 people. It describes the area, not this property.

648Population
51.3Average age
2.2Household size
$122,000Average household income
$95,000Median household income
100%Own their home
0%Rent
0%Condominiums
8%Born outside Canada
25%University degree
$645,000Average home value
9%Low income
88%Not in the labour force
13%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 430 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.

$159,980 · minimum here is $54,990
$3,541.78per month
Borrowed before insurance$639,920
Total borrowed$639,920
Interest over 25 years at 4.5%$422,615

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.

-$2,351.45per month out of pocket
Rent$1,333.00
Everything it costs to hold$3,684.45
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.