7826 Lake Jospeh Rd

Georgian Bay, P0B 1K0
FOR SALE
$499,000
7826 Lake Jospeh Rd, Georgian Bay
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X8340436
MLSID
Contact Us
Property Description
A perfect property for a first time buyer or a cottage get away. 3 bedrooms and 1 washroom. The owner has obtained a building permit and the property is currently under renovations. A must see. Close to LCBO and grocery store, HWY-400 and Lake stewart.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-15 2024-07-31 77 $399,999 - Expired
Property Details
Property Type
Detached, Bungalow
Lot Size
80' x 134'
Fronting
East
Taxes
$700 (2024)
Basement
Other
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
2
Driveway
Rt-Of-Way
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenGround10.99' x 10.99'
Prim BdrmGround11.98' x 11.98'
2nd BrGround9.97' x 9.97'
3rd BrGround9.97' x 8.99'
BathroomGround270.44' x 4.99'
FamilyGround13.98' x 11.98'
Georgian Bay Market Statistics
Georgian Bay Price Trend
7826 Lake Jospeh Rd is a 3-bedroom 1-bathroom home listed for sale at $499,000, which is $513,500 (50.7%) lower than the average sold price of $1,012,500 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Georgian Bay increased by $371,000 (57.8%) compared to the previous 30 day period (September 22 - October 21) and up $336,750 (49.8%) from the same time one year ago.
Inventory Change
There were 4 3-bedroom homes listed in Georgian Bay over the last 30 days (October 22 - November 20), which is up 100.0% compared with the previous 30 day period (September 22 - October 21) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Georgian Bay typically sold ($86,999) (8.6%) below asking price over the last 30 days (October 22 - November 20), which represents a $43,199 decrease compared to the previous 30 day period (September 22 - October 21) and $0 less 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 3-bedroom homes in Georgian Bay over the last 30 days (October 22 - November 20) stood at 50.0%, down from 200.0% over the previous 30 days (September 22 - October 21) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Georgian Bay stood at 108 days when successfully sold over the last 30 days (October 22 - November 20), compared to 175 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Flower City Realty
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