506097 Highway 89

Mulmur | Rural Mulmur | L9V 0N6
  • 3 + 2
  • 3
  • 0

$1,775,000

Est. Mtg $6,018 /mo
  • Days on market

    10

  • Status

    New

Listing Broker EXP REALTY
Since listed: 0 views

Home details

MLS #:

X9361123

Property type:
Detached
Style:
Bungalow
Taxes:
$6,377
Possession:
Flexible
Lot Front:
1221.98   Feet
Lot Depth:
908.61   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


506097 Highway 89, , Mulmur, Ontario is a Detached property in Mulmur and in the Rural Mulmur community in the L9V 0N6 postal code


Prepare to fall in love! 33.5 acres including a 5 bedroom bungalow with a pool, your private pond & beach, and 2 cozy cabins creating a very successful nature retreat short-term rental business. Just a few minutes walking the trails around this property will have you head over heels. As you drive home down the winding driveway the sun peaks through the trees and welcomes you home. Convenient access off Highway 89, plus 2nd driveway off 2nd Line. The home itself is beautiful inside and out. The large back deck that leads you to the above ground pool is perfect for sunbathing, BBQs and entertaining. Inside, the open concept main floor has high ceilings, a beautiful wood feature wall with fireplace in the living room, dining room over looking the deck through huge windows, and a beautiful kitchen with unique backsplash, center island & stainless steel appliances. The spacious primary bedroom overlooks the pool through large windows and offers a great walk in closet and beautiful 4 pc bathroom. The main floor also offers 2 additional bedrooms, plus the 4th & 5th bedrooms in the basement. The basement is another great feature with a 2nd living space and above grade windows in almost every room. There is a second entrance that leads to the basement which provides lots of potential as well. There is a large yard beside the house perfect for soccer matches as a family, that is then surrounded by trees and trails leading you to the rest of this incredible gem of a property. Along the river and down the trails you will find a large pond that has been turned into your own private sandy beach. Next to the pond is a log cabin and down another trail is a newer 2nd bunkie. Both cabins offer guests a nature retreat experience and have been fully booked most of the year, providing approximately $60k revenue/year through the short-term rentals. Approx 10 acres of farmland offers even more income potential. This property truly has it all. I told you you'd fall in love!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-05 2021-05 $1,100,000 $1,365,812 Sld X5223575
2024-07 2024-09 $1,799,000 $1,799,000 Ter X9042500
2024-09 2024-09 $1,775,000 $1,775,000 New X9361123

Comparables

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sold Date Address List Price sold Price DOM
2024-06 747147 30th Sdrd, $4,600,000 $4,375,000 17
2024-03 876370 5th Line E, $1,099,000 $1,111,000 31
2024-02 556441 Mulmur Melancthon Tl, $1,089,000 $1,000,000 44
2023-08 747147 30th Sdrd, $4,480,000 $4,210,000 70
2023-07 22 Somerville Cres, $1,399,000 $1,350,000 20
2023-04 717096 First Line E, $1,750,000 $1,687,500 20
2023-02 676339 Centre Rd, $1,575,000 $1,500,000 19
2022-09 607137 River Road, $1,248,000 $1,190,000 14
2022-04 936235 Airport Rd, $1,659,000 $1,595,000 21
2022-03 3 Dean Rd, $899,900 $925,000 13
2022-03 351564 Seventeenth Line, $1,049,000 $1,150,000 10
2022-03 8 Laela Cres, $890,000 $917,000 5
2022-02 9 Rogers Rd, $699,000 $829,000 7
2022-02 996476 Mulmur Tosorontio Tl, $1,299,000 $1,420,000 5
2022-02 556389 Mulmur/Mel Tl Line, $2,888,000 $2,500,000 38

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Mulmur :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Mulmur :

Average sale price
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Estimated running costs for 506097 Highway 89

Based on available 3rd party data

$6685

Approximate costs per month

Mortgage
$6018 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$531 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Lake/Pond
  • River/Stream
  • School Bus Route
  • Wooded/Treed
Listing Broker EXP REALTY
Data Source: TRREB

Payment calculator

$6550 monthly. In association with: TD Bank
%
  • Principal and Interest
    6018 /mo
  • Property Taxes
    $531 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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