3-Bed Lake Cottage with New Decking near McCullough Lake

Property details for 622454 Sideroad 7, Chatsworth

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 138.2 x 200 FT
Stories: 1
Basement: Finished, Full
Parking: Detached Garage, Garage
Heating: Forced air, Propane
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $2,840

You're 4 minutes from the water at McCullough Lake with this 3-bed, 2-bath bungalow on a 138x200 ft treed lot. Big recent upgrades are the 2020 metal roof and covered front porch, plus the 2021 rear deck with pergola - that's your outdoor hangout spot. Inside, the main floor has an eat-in kitchen with centre island and china cabinet, a living room, primary bedroom with double closet, another bedroom, and a 4-piece bath. Lower level is fully finished with a rec room around a wood-burning fireplace, a den that could easily become a 4th bedroom, another bedroom, 3-piece bath, and laundry. There's also a detached garage with workbench for your toys and tools. The lot is level and private. You're 4.9 km from Williamsford Po bakery for fresh bread. Priced at $729,000, which is right at the area's median, and property taxes are only $2,839 a year. It's a year-round home or cottage - just steps to the lake for swimming, paddling, or fishing.

About 622454 Sideroad 7, Chatsworth — Property Score

Hot Market

Score: 61/100

Value

Priced 22% above area median of $597,450 based on 20 comparable properties nearby 37

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 fewer than similarly priced properties nearby 48

27,640 sqft lot - an oversized lot for the area 90

Location

$60K median household income - below the Canadian average of $70K 60

70% of residents hold postsecondary credentials - a highly educated neighbourhood 79

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

39% of residents commute under 30 minutes - longer average commute times 61

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

Market

Just listed - area average is 91 days on market 100

+54.7% median price change over 1 month - rising prices in the area 100

34 months of housing supply - 34 active listings with 1 sold last month (buyer's market) 40

Features

5-car garage - area average is 10 spots 95

Finished, Full basement - adds valuable living space 85

standard forced air system 75

No cooling system listed - common in cooler climate areas 30

1 fireplace - a desirable feature for Canadian winters 75

View - premium features that add significant value 60

Investment

0.39% effective tax rate ($2,839/yr) - very low tax burden 88

-18.9% area price change year-over-year - significant price correction in Chatsworth 1

16% renter population - primarily owner-occupied area 49

Quality

Condition

Listing

46 photos provided - 10% more than the area average of 42 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* 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.