Homula Realty Brokerage
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124 Healey Lake Water, The Archipelago, ON P2A 2W8

2 beds · 2 baths · 1 kitchen · 7 rooms · 1100-1500 sq ft · Detached
$424,900
Property tax
$1,450 / year

Motivated Seller. Seller willing to negotiate.Turn key including 17.5 ft Bayliner, canoe and paddle boat included! A-Frame cottage on highly sought-after Healey Lake, a short distance from Parry Sound & 2 hours from Toronto. End your days relaxing under the starry sky and fresh air around the stone fire pit area rather than inside 4 walls. Healey Lake is renowned for its great fishing and all of your boating activities. Ownership of the Shore Road Allowance. The cottage sits perched close to waters end for simple access to the waterfront. Enjoy the 149.5' of waterfront w/a sandy beach where many children have learned to swim over the years, & an area w/deeper water to dock boats and jump in to start your day with a splash! A cozy 2 bedroom cottage & loft. Space for family and friends to visit. 2x 3pc baths, a well-equipped kitchen, a dining area w/breathtaking views of the lake. Family room w/WETT certified Vermont Casting Resolute Wood Stove, ceiling fans, & a convenient laundry area. Walk out to lower and upper deck. Backup, plug-in generator. Metal roof. Enjoy the beautiful evening sunsets from the deck or dock. This proximity allows for easy access to any amenities or services you may need during your stay. Ready to enjoy before summers arrival. Experience the tranquility & beauty of cottaging on Healey Lake! This is a boat access cottage but it can also be reached by ATV & Snowmobile. Abutting crown land to add more activities from your door step adding full days of exploring and fun.

MLS number
X13697692
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
P2A 2W8
Photos
38
23days · this listing
436days · this property (6 listings)

This home has been listed 6 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

436 days on the market across 6 listings
This listing shows 23 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 6 times.

Sale history is for registered usersSee what this address sold for and when, across all 6 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 599 people.

$85,000Median household income
87.5%Own their home
97.9%Detached houses
46.8Median age
8.3%Born outside Canada
15.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490225 — the few blocks around this address, home to 599 people. It describes the area, not this property.

599Population
43.8Average age
2.5Household size
$88,000Average household income
$85,000Median household income
88%Own their home
13%Rent
0%Condominiums
8%Born outside Canada
16%University degree
$496,000Average home value
6%Low income
60%Not in the labour force
19%Never married
Under $5,0001%
$30,000 to $34,9991%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9996%
$60,000 to $69,9997%
$70,000 to $79,9997%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over31%
$100,000 to $124,99912%
$125,000 to $149,9999%
$150,000 to $199,9996%
$200,000 and over3%

Percentages are of the 335 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.

$84,980 · minimum here is $21,245
$1,881.37per month
Borrowed before insurance$339,920
Total borrowed$339,920
Interest over 25 years at 4.5%$224,490

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.

-$1,294.20per month out of pocket
Rent$708.00
Everything it costs to hold$2,002.20
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.