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38 Dewey's Island Road, Somerville

Price

$539,900

Bedrooms3 Beds

Bathrooms1 Baths

Size1500-2000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$3935.54

Maintenance FeesNot listed

Description

Escape to this secluded 3-bedroom, 1-bath island retreat, located just 1.5 hours from Toronto, with exclusive boat access and the serene beauty of Dewey's Island Nature Preserve. Enjoy island living with the convenience of mainland parking and docking at 146 Coldstream Road, and walk-in access from Lock 35 of the Trent-Severn Waterway, where scenic nature trails await. This cottage features bright windows that frame breathtaking sunsets, two inviting sunrooms (one used as a dining room), and spacious decks perfect for relaxing. Recent upgrades include new flooring, fresh paint, a modern water system, a brand-new kitchen, and the potential for a second bathroom and additional living space in the loft. Outdoors, a large private dock offers direct water access for swimming, fishing, and entertaining. Four outbuildings provide extra storage, and a nearby fishing sanctuary ensures endless waterfront enjoyment.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$2,268 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$431,920

Total Interest Payments

$266,305

Total Payment (Principal + Interest)

$698,225

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together