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Property Description
Cottage life at Lake Erie!!! Escape the hustle and bustle of the city and relax and enjoy the breathtaking views of open farm fields and water access to sand beach from this ultra-affordable cottage located in Featherstone Point. Open concept layout includes 2 bedrooms and 1 bathroom. Updates include flooring, new roof shingles (2023), electrical panel (breakers), this turnkey investment comes fully furnished, nothing to do - just move in and enjoy. Cottage is located on leased land with very reasonable lease rates (new lease $4200/year includes property taxes common areas etc.) Zoning allows for full time occupancy from April 1 to December 31 (9 months).
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-20 | 2023-12-31 | 72 | $119,900 | - | Expired |
| 2023-05-19 | 2023-06-23 | 35 | $150,000 | - | Terminated |
Property Features
Lake/Pond
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
< 700
Acreage
< .50
Lot Irregularities
Leased Land
Fronting
North
Basement
None
Exterior
Alum Siding, Wood
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Window Unit
Water
Other
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.83' x 10.66' | Eat-In Kitchen |
| Living | Main | 10.66' x 11.84' | |
| Br | Main | 10.76' x 5.84' | |
| 2nd Br | Main | 10.83' x 8.33' | |
| Bathroom | Main | 5.84' x 7.74' |
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Haldimand Market Statistics
Haldimand Price Trend
7 Maple Lane is a 2-bedroom 1-bathroom home listed for sale at $99,000, which is $533,000 (84.3%) lower than the average sold price of $632,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Haldimand declined by $185,450 (22.7%) compared to the previous 30 day period (February 29 - March 29) and down $170,166 (21.2%) from the same time one year ago.Inventory Change
There were 18 2-bedroom homes listed in Haldimand over the last 30 days (March 30 - April 28), which is up 12.5% compared with the previous 30 day period (February 29 - March 29) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Haldimand typically sold ($6,375) (1.0%) below asking price over the last 30 days (March 30 - April 28), which represents a $6,375 decrease compared to the previous 30 day period (February 29 - March 29) and ($16,583) 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 2-bedroom homes in Haldimand over the last 30 days (March 30 - April 28) stood at 44.4%, up from 37.5% over the previous 30 days (February 29 - March 29) and up from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Haldimand stood at 11 days when successfully sold over the last 30 days (March 30 - April 28), compared to 115 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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