Clear Lake waterfront cottage with bunkie near Sharbot Lake

Property details for 500 Clear Lake Lane 31a, Tay Valley

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 1
Lot Size: 189 x 265 FT ; 343 ft depth on west side
Stories: 1
Basement: None
Parking: No Garage
Heating: Baseboard heaters, Electric
Cooling: None
Exterior: Wood
Ownership: Freehold
Annual Taxes: $3,189

It's a 2-bed, 1-bath bungalow cottage on Clear Lake. Wood exterior, built as a single-story with no basement. Photos show a vaulted ceiling in the main living area and a woodstove. There's a separate insulated bunkie measuring 13' by 12'11' with its own hydro hookup. Lot is 189 feet wide with 343 feet of depth on the west side, giving you plenty of waterfront. You get a private dock and direct lake access for swimming or launching a kayak. Heating is electric baseboard, and water comes from a lake intake with a septic system. Four parking spots, no garage. Appliances include fridge, stove, microwave, and some furniture comes with it. Silver Lake Provincial Park is 2.4 km away. Taxes run $3,189 annually. Priced at $599,900, which matches the median for nearby listings.

About 500 Clear Lake Lane 31a, Tay Valley — Property Score

Hot Market Great Location

Score: 63/100

Value

Priced 23.1% above area median of $487,400 based on 4 comparable properties nearby 35

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - typical for similarly priced properties 60

50,085 sqft lot - an oversized lot for the area 90

Location

$72K median household income - near the Canadian average of $70K 66

83% of residents hold postsecondary credentials - a highly educated neighbourhood 91

94% homeownership rate - indicating a stable, owner-occupied community 96

68% of residents commute under 30 minutes - excellent commuter accessibility 85

7/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 297 days on market 100

+35.5% median price change over 1 month - rising prices in the area 100

6 months of housing supply - 12 active listings with 2 sold last month (balanced) 65

Features

4-car garage - area average is 8.6 spots 95

None basement 30

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

0.53% effective tax rate ($3,189/yr) - very low tax burden 84

6% renter population - primarily owner-occupied area 37

Quality

Condition

Listing

42 photos provided - 5% more than the area average of 40 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

Tay Valley, Ontario

Population

585

Median Age

53.5

Median Income

$33,088

Dwelling Value

$200,619

Housing Tenure

Owners 94%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3

Pop. Density: 7.0/km²

Avg Shelter Cost: $1,046/mo

Owners with Mortgage: 53.2%

Owners Spending 30%+: 17.4%

Tenants Spending 30%+: 0%

English only: 89.7%

English and French: 11.2%

Median Household Income: $72,192

Median Employment Income: $27,648

Price History

Contact Agent Get in touch about 500 Clear Lake Lane 31a, Tay Valley

KADY ROMAGNUOLO

BLUE MOON REALTY INC., BROKERAGE

647-862-1217

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