1093 Grace River Rd
Highlands East, K0L 3C0
FOR SALE
$439,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX6053184
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Property Description
This is it! Move-in ready! Also available for lease! Fully furnished cottage sitting on a 0.62 acre lot, overlooking a river connecting Grace Lake and Dark Lake! Updated with modern finishes. Newer septic, well, windows, doors, siding, roof shingles, electric baseboards, wood stove, and more! Interior feels like an urban home. Plenty of privacy with ample space to entertain. Affordable option as a vacation home with great income potential for short-term rental. On-demand hot water and heated bathroom floors. Huge front deck overlooking the river and mature trees. Large front lawn with a fire pit area. Detached garage for storage or car. Long driveway that can easily fit 4 cars. Lake access and boat launch within steps. Year-round road access, usable in winter, and close to town for amenities (Foodland, LCBO, gas station, library, general store, curling club, skating arena, diner, Canada Post, and more!). Great value for a cottage in this location! Truly turnkey and can't be missed!
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Property Features
Lake Access, Wooded/Treed
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Property Details
Street
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
700-1100
Acreage
.50-1.99
Fronting
East
Taxes
$950 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 7.41' x 12.40' | |
| 2nd Br | Main | 8.60' x 8.76' | |
| 3rd Br | Main | 8.50' x 10.60' | |
| Bathroom | Main | 5.41' x 5.91' | |
| Kitchen | Main | 8.60' x 16.40' | |
| Dining | Main | 8.60' x 16.40' | |
| Living | Main | 12.50' x 16.40' |
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Highlands East Market Statistics
Highlands East Price Trend
1093 Grace River Rd is a 3-bedroom 1-bathroom home listed for sale at $439,000, which is $28,500 (6.1%) lower than the average sold price of $467,500 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 3 bedroom home in Highlands East declined by $244,166 (34.3%) compared to the previous 30 day period (October 12 - November 10) and up $47,500 (11.3%) from the same time one year ago.Inventory Change
There were 3 3-bedroom homes listed in Highlands East over the last 30 days (November 11 - December 10), which is up 50.0% compared with the previous 30 day period (October 12 - November 10) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Highlands East typically sold ($9,950) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $81,316 increase compared to the previous 30 day period (October 12 - November 10) and ($78,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Highlands East over the last 30 days (November 11 - December 10) stood at 66.7%, down from 150.0% over the previous 30 days (October 12 - November 10) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Highlands East stood at 36 days when successfully sold over the last 30 days (November 11 - December 10), compared to 124 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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