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Featured
Listed 2 months ago

3196 Fesserton Side Road

Rural Tay, Tay

$1,390,000

Detached|Bungalow
3 | 2 | 14
About this home

Welcome to your private country retreat in the heart of Tay Township. Set on approximately 10 acres of scenic land, this custom-built bungalow offers the perfect balance of rural tranquility and commuter convenience, just minutes from Highway 400, Georgian Bay, and the Tay Shore Trail. Built in 2012, the home features 4 bedrooms, 2 bathrooms, and a bright walkout basement with a rough-in for a future bathroom, offering excellent potential for additional living space. Nature lovers will appreciate the network of private trails winding throughout the property, allowing you to explore and enjoy your own acreage year-round, along with mature sugar maple trees that can be tapped and a picturesque aerated pond. The impressive 26' x 40' detached shop is equipped with natural gas, water, 100-amp service, generator hookup, RV plug-in, a 12' x 10' overhead door, and an additional 8' x 10' side door, making it ideal for hobbyists, contractors, or outdoor enthusiasts. Additional features include a 20' x 20' storage shed, outdoor shower, horseshoe pits, fire pit area, wiring for a hot tub, and plenty of room to enjoy the outdoors. A rare opportunity to own acreage in a sought-after location close to amenities, waterfront attractions, and year-round outdoor activities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,188
Lot Size211 ft x 2042.52 ft
mls© NumberS13464090
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,115
Property tax
$432
Heat allowance
$150
Housing costs
$7,697 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $278,000
25-yr amortization

Income needed

$237,000

gross annual household income

Payment at 4%
$5,849 / mo
Cash down
$278,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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