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31 Shadow Lake 40 Road, Somerville

Price

$1,499,000

Bedrooms3 Beds

Bathrooms3 Baths

Size1100-1500 sqft

Year Built51-99

Property TypeHouse

Property Taxes$6254

Maintenance FeesNot listed

Description

This is a unique property with many attractive features that is ideal for those looking for an updated and comfortable waterfront home or weekend getaway with plenty of space for family and guests. The property consists of two separately deeded lots on just under two acres on a lake-like widening of the Gull River just before it passes through Coboconk. The property provides 228 feet of west-facing, dive-off-the-dock waterfront, exceptional privacy, boat access to the Shadow Lake System, and easy access via a municipal road to town shopping and services a short distance away. The home has four bedrooms, three bathrooms and over 2,500 sq ft of living area on two levels, highlighted by a spectacular kitchen on the main level and a lower level living room with floor-to-ceiling windows that takes full advantage of the home's location close to the waterfront to provide stunning vistas across the water. Other highlights include a large laundry room and pantry off the kitchen, an updated 5 pc bathroom, a spacious back yard patio, and lovely waterside stonework. New appliances (washer/dryer/dishwasher/microwave) have recently been installed. The newer (2014) garage is large, high-ceilinged and has an insulated workshop. Most furniture, including a few pieces in the garage, is included in the sale.

Sale history for

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$5,907 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,199,200

Total Interest Payments

$739,380

Total Payment (Principal + Interest)

$1,938,580

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