325 Balsam Chutes Rd
Huntsville, P0B 1L0
FOR SALE
$1,170,000
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Property Description
Your Riverside Retreat Awaits! Nestled along the scenic Muskoka River, this impressive 3-bedroom, 2-bath, 4-season cottage offers over 2400 sf of living space. Use as Cottage, Full Time Home or Rental. Wake up to serene river views framed by towering trees. Large windows bathe the main level with lots of natural light. The spacious, inviting kitchen has lots of cabinets, built-in stove top and oven. The open concept floor plan is perfect for entertaining lots of guests or large family gatherings. Cozy up in the winter with the wood and propane fireplaces. The large bedrooms offer ample room for relaxation and comfort. Plenty of closet and storage space which is rare. Finished basement with large family room which is great for kids play area. Relax on the large dock, where you can launch your boat, kayak, or paddleboard to fully immerse yourself in the tranquil waterfront lifestyle. The water is deep for diving and over 8km of calm river to enjoy. Detached garage with plenty of storage. Whether you're seeking summer adventures or a peaceful winter wonderland, this cottage is the perfect escape. 10 min drive to Bracebridge and 25 min drive to Huntsville. 2-hour drive from Toronto. 10-min drive to groceries, LCBO, retail, restaurants, shopping and more. Licenced Short Term Rental.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-09-10 | 2019-11-05 | 57 | $520,000 | $497,000 | Sold |
2020-12-07 | 2020-12-08 | 5 | $649,000 | $691,875 | Sold |
Property Features
River/Stream, Waterfront, Wooded/Treed
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Property Details
Street
City
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
1500-2000
Lot Size
171' x 180'
Acreage
< .50
Fronting
North
Taxes
$3,890 (2024)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Other
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 12.01' x 14.01' | B/I Ctr-Top Stove, B/I Oven, Hardwood Floor |
Living | Main | 14.99' x 31.99' | Wood Stove, B/I Bookcase, Hardwood Floor |
Dining | Main | 14.99' x 31.99' | Hardwood Floor |
Prim Bdrm | 2nd | 12.99' x 16.99' | Vinyl Floor |
2nd Br | 2nd | 10.99' x 16.99' | Vinyl Floor |
3rd Br | Bsmt | 10.01' x 12.01' | |
Family | Bsmt | 14.01' x 21.00' | Fireplace, W/O To Yard, Vinyl Floor |
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Huntsville Market Statistics
Huntsville Price Trend
325 Balsam Chutes Rd is a 2-bedroom 2-bathroom home listed for sale at $1,170,000, which is $917,586 (363.5%) higher than the average sold price of $252,414 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Huntsville declined by $89,792 (26.2%) compared to the previous 30 day period (November 19 - December 18) and down $27,586 (9.9%) from the same time one year ago.Inventory Change
There were 3 2-bedroom homes listed in Huntsville over the last 30 days (December 19 - January 17), which is down 92.7% compared with the previous 30 day period (November 19 - December 18) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Huntsville typically sold ($7,765) (3.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,629 increase compared to the previous 30 day period (November 19 - December 18) and ($69,000) 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 Huntsville over the last 30 days (December 19 - January 17) stood at 2,333.3%, up from 307.3% over the previous 30 days (November 19 - December 18) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Huntsville stood at 46 days when successfully sold over the last 30 days (December 19 - January 17), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Kingsway Real Estate
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