Homula Realty Brokerage
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1382 Echo Ridge Road, Kearney, ON P0A 1M0

2 beds · 1 bath · 1 kitchen · 5 rooms · 5 parking spaces · < 700 sq ft · Detached
$479,000
Property tax
$777 / year

NEW PRICE!! ENJOY LAKE ACCESS WITHOUT THE WATERFRONT PRICE! Welcome to the Cozy Kearney Cabin-a beautifully updated 4-season cottage set on 3 private, forested acres in the heart of the Algonquin region. This charming 2-bedroom, 1-bathroom retreat offers modern refinement paired with authentic cottage character, featuring a drilled well, septic system, driveway, hydronic floor heating and an inviting wood stove. Enjoy the peace and privacy of your own forested property, with public access to the sandy shores of Peters Lake just beyond the property line-perfect for swimming, fishing and paddling. Thoughtfully updated and ready to enjoy, this is an exceptional opportunity to own a turn-key cottage retreat without the premium cost of true waterfront ownership. Come relax, unwind and enjoy the tranquility of cottage country!

MLS number
X13670618
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
P0A 1M0
Photos
22
Laundry
Not in the unit
30days · 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

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 974 people.

$68,000Median household income
92.4%Own their home
95.7%Detached houses
58.4Median age
7.7%Born outside Canada
13.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490179 — the few blocks around this address, home to 974 people. It describes the area, not this property.

974Population
52.2Average age
2.1Household size
$80,800Average household income
$68,000Median household income
92%Own their home
8%Rent
4%Condominiums
8%Born outside Canada
14%University degree
$558,000Average home value
15%Low income
16%Never married
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9997%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over23%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9994%
$200,000 and over3%

Percentages are of the 570 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.

$95,800 · minimum here is $23,950
$2,120.91per month
Borrowed before insurance$383,200
Total borrowed$383,200
Interest over 25 years at 4.5%$253,073

If you rented it out

-$2,185.66per month out of pocket
Rent$0.00
Everything it costs to hold$2,185.66
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 Keller Williams Experience Realty. Listing data provided by the Toronto Regional Real Estate Board.