Homula Realty Brokerage
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1950 Lakeshore Drive, Shuniah, ON P7A 0L3

3 beds · 2 baths · 1 kitchen · 8 rooms · 2500-3000 sq ft · Detached
$650,000
Property tax
$2,966 / year

New Listing. Welcome to 1950 Lakeshore Drive, where country living comes with a serious wow factor! This one-of-a-kind A-frame home is tucked away on a private acreage in Shuniah, surrounded by trees, rock and nature, with beautiful views toward Lake Superior. Inside, soaring wood ceilings, exposed beams and dramatic A-frame windows give this home a warm, character-filled feel you simply don’t find every day. The bright updated kitchen offers plenty of space for everyday life and entertaining, while the main living area is full of personality. Upstairs, the incredible loft-style family room stretches over 56 feet, creating an amazing bonus space for a home office, games room, studio or family hangout. With 3 bedrooms, 2 full bathrooms, a detached garage, expansive deck and tons of outdoor space, there’s room to spread out and enjoy the lifestyle. If you’ve been craving more privacy, more nature and a home that feels anything but cookie-cutter, this could be the one. A truly unique property in an unforgettable setting! Call to book your private viewing.

MLS number
X13718990
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P7A 0L3
Photos
50
Laundry
Not in the unit
16days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$130,000 · minimum here is $40,000
$2,878.06per month
Borrowed before insurance$520,000
Total borrowed$520,000
Interest over 25 years at 4.5%$343,418

If you rented it out

-$3,125.23per month out of pocket
Rent$0.00
Everything it costs to hold$3,125.23
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 First Choice Realty Ltd.. Listing data provided by the Toronto Regional Real Estate Board.