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Cardiff Ward, Highlands East
$825,000
Visit the REALTOR website for further information about this listing. Enjoy the beauty of Eels Lake from your front deck, shoreline or dock. Situated 20 ft from the waters edge this south facing, 2 bedroom cottage plus a bunkie offers a wonderful view of Spooks Bay. Renovations over the years include: the construction of a new roof with cathedral ceiling finished in cedar; square log style walls and new flooring throughout living room, bedrooms and bathroom; new washroom and shower, new low-e windows throughout and LP SmartSide exterior engineered wood siding - maintenance free for many years. There is a new outhouse with a Cinderella eco incineration toilet and outdoor shower. All buildings' substructure were rebuilt and leveled. The Man Shed provides lots of room to store things or to use as a workshop. There is additional storage for water toys in the unfinished block basement under the cottage. Its truly walk in ready for use. The dock provides deep water access all season for swimming and boats whereas the shoreline provides shallow water for kids. The access road into the cottage is well maintained and relatively flat for easy access, winter or summer. The wood stove and electric heat provides a cozy atmosphere when the outsides temperature dip.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,072 |
| Lot Size | 21.67 metres x 47.78 metres |
| mls© Number | X13243664 |
| Listed By | EASY LIST REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,223
- Property tax
- $256
- Heat allowance
- $150
- Housing costs
- $4,629 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,472 / mo
- Cash down
- $165,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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