Brand-new Cobalt model with mountain views in Thornbury

Property details for 11 Waterview Lane, Blue Mountains

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 6.7 x 34.5 M
Stories: 2
Basement: Unfinished, Walk out, N/A, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stucco
Ownership: Freehold
Annual Taxes: $3,244

This brand-new Richpark Homes Cobalt model just hit the market at $999,999. It's a 4-bed, 3-bath house with 3 beds above grade and 1 below. You get a walk-out unfinished basement with poured concrete foundation, ready for your ideas. Upstairs, the main and second floors have hardwood throughout. The kitchen has floor-to-ceiling cabinets, a big island, and quartz counters that match the backsplash. There's a 42-inch linear fireplace in the living/dining area. Natural oak stairs connect all levels. Two bedrooms open to a rear terrace upstairs with Blue Mountains views. Second-floor laundry room. Forced air heating and central AC keep it comfortable. Exterior is stucco. Lot's 6.7 by 34.5 meters with a 6.66-meter frontage. Two-car garage. You're in Thornbury, a walkable spot. Bruce Wine Bar and Ashanti Coffee are 1.1 km away. Royal Harbour Resort is 1 km. Craigleith Provincial Park is under 10 km. Taxes run $3,243 a year. Median nearby price is $1.25M, so this one's priced below that.

About 11 Waterview Lane, Blue Mountains — Property Score

Great Location Hot Market Well Priced

Score: 70/100

Value

Priced 35.4% below area median of $1,547,450 based on 74 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

3 bathrooms - typical for similarly priced properties 60

231 sqft lot - a small lot for the area 45

Location

$79K median household income - near the Canadian average of $70K 70

88% of residents hold postsecondary credentials - a highly educated neighbourhood 95

84% homeownership rate - indicating a stable, owner-occupied community 89

77% of residents commute under 30 minutes - excellent commuter accessibility 91

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

Market

Just listed - area average is 212 days on market 100

+183.7% median price change over 1 month - rising prices in the area 100

25 months of housing supply - 75 active listings with 3 sold last month (buyer's market) 40

Features

2-car garage - area average is 6.5 spots 80

Unfinished, Walk out, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.32% effective tax rate ($3,243/yr) - very low tax burden 90

16% renter population - primarily owner-occupied area 49

Quality

Condition

Listing

30 photos provided - below the area average of 42 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.