$ 649,000

Lakefront Bungalow with Guest Bunkie and Double Garage-Workshop on Patterson Lake

Property details for 214 Parsons Way, Lanark Highlands

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
2
Lot Size
224 FT ; Lot shape has jog in depth
Stories
1
Basement
Crawl space
Parking
Detached Garage, Garage
Heating
Baseboard heaters, Electric
Cooling
None
Exterior
Vinyl siding
Annual Taxes
$3,896

About 214 Parsons Way, Lanark Highlands — Property Score

59
Score: 59/100
Value
49
Priced 15% above area median of $695,000 based on 13 comparable properties nearby 48
Stable pricing - no price changes since original listing date 50
Size
60
3 bedrooms - typical for similarly priced homes 60
2 bathrooms - typical for similarly priced properties 60
Location
72
$66K median household income - near the Canadian average of $70K 63
83% of residents hold postsecondary credentials - a highly educated neighbourhood 91
100% homeownership rate - indicating a stable, owner-occupied community 100
29% of residents commute under 30 minutes - longer average commute times 53
6/km² population density - a rural or semi-rural setting 55
Market
47
Just listed - area average is 168 days on market 100
-18.9% median price change over 1 month - declining prices in the area 1
14 months of housing supply - 14 active listings with 1 sold last month (buyer's market) 40
Features
64
7-car garage - area average is 8 spots 95
Crawl space basement 50
baseboard heating throughout 55
None 30
1 fireplace - a desirable feature for Canadian winters 75
Waterfront, View - premium features that add significant value 80
Investment
60
0.49% effective tax rate ($3,896/yr) - very low tax burden 85
3% renter population - primarily owner-occupied area 34
Quality
50
Condition
50
Listing
89
34 photos provided - below the area average of 39 photos 92
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Lanark Highlands, Ontario

Population
760
Median Age
50.8
Median Income
$30,848
Dwelling Value
$250,501

Housing Tenure

Owners 100%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 6.4/km²
Avg Shelter Cost: $1,013/mo
Owners with Mortgage: 45.8%
Owners Spending 30%+: 13.6%
Tenants Spending 30%+: 0%
English only: 87.5%
English and French: 11.8%
Median Household Income: $65,707
Median Employment Income: $29,824

Price History

Contact Agent Get in touch about 214 Parsons Way, Lanark Highlands

Stephanie Mols
Stephanie Mols
COLDWELL BANKER FIRST OTTAWA REALTY