$1,198,000
For sale: Multiplex

Rare opportunity to own 2 separate but adjoined waterfront properties, offering a combined 3.6 acres and 312 feet of clean, sheltered shoreline on the South/Eastern end of Wolfe Island in the heart of the Thousand Islands. Currently a perfect a perfect single family compound, two deeds allow the option of a guest house if desired. 199 Leone's Cove Lane is a fabulous turnkey, split level home. The main level's great layout offers open concept kitchen and dining. electric fireplace, and patio doors opening onto a spectacular river view deck. A walk through pantry and custom bar lead to a 3-piece bathroom. The upper level has three bedrooms and full bath, while the lower level has a rec room with walk out to patio doors, laundry/mechanical room and an additional bedroom. Outside, over 2 acres of landscaped and manicured grounds provide ample space to enjoy more than 220 feet of natural flat rock shore. The property boasts new steel and stone break walls and ample floating and fixed dockage, perfect for swimming, fishing, kayaking, and boating. A fantastic garage (22x19) with pine board and batten interior with pot lighting provides another cozy indoor space. There is a lovely outdoor pavilion built for parties and entertaining that overlooks ships navigating the St. Lawrence River to and from Lake Ontario.213 Leone's Cove Lane, the waterfront neighbouring property, has a 38x35 foot barn adorned from floor to ceiling with knotty pine, patio doors leading out to a stone landing, and quality lighting. All buildings for both properties have beautifully coordinated stone and siding. An additional 1.2 acres leads to 91 feet of clean shoreline, with your own boat launch and floating dock. Truly a once-in-a-lifetime opportunity. It's time to pack your bags, grab your friends and family and start making wonderful memories. Be one of the lucky few to know the joys of island life.
Sold data
Homes in Frontenac Islands (Wolfe Island) took a median of 52 days to sell over the last 365 days, with the quickest quarter selling within 29 days and the slowest quarter taking more than 68, across 35 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 139 days.
The median sale price was $479,500.
Homes sold for about 8.1% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 35 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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