12 LAKE TEMAGAMI ISLAND, Temagami

$349,500

For sale: Detached

Detached at 12 LAKE TEMAGAMI ISLAND, Temagami
Property type
Rural Residential
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X14116748
Neighbourhood
Temagami

*WATER ACCESS ONLY* Temagami Lake is one of the Premier Northern Ontario fishing lakes some call the the "hidden gem of the North" with roughly 21,000 hectares in size with the average depth of 18 meters with spots over 120 meters deep, this oxygen rich environment for cold water species like Lake Trout, Smallmouth Bass, Walleye, Northern Pike and Whitefish for great fishing in any season. Sitting on this lake in the SOUTHERN ARM OF LAKE TEMAGAMI is a private Island approximately .8 acre in size with a natural rock shelf around it and on this island is a 800 sq ft off grid cabin waiting for its next owner who is looking for their own private island adventure This open concept cottage currently has 1 bedroom and a loft area, bathroom with a sink and a compost toilet ( was removed from the bathroom but can be brought back in for use), a great room with kitchen, living room and eating area, a screened porch, outdoor shower, 2 wood stoves for heat on those cooler evenings and hot water on demand. Everything you need for your first trip to the "cabin/cottage" is already onsite as everything there comes with it. With your own private island you have waterfront on all sides of you providing sunrises and sunsets and everything in between. THIS COTTAGE IS WATER ACCESS ONLY, BOTH YOU OR YOUR REALTOR MUST HAVE ACCESS TO PROPER TRANSPORTATION ACROSS THE LAKE IN WHATEVER SEASON YOU ARE LOOKING AT IT. There is plenty of parking at The Hub boat launch. This cottage does have solar panels that provide lights and propane on demand water heater, fridge and stove. Current sellers have enquired about a septic install and do have soil samples already done for a septic permit. Water is drawn from the Lake

Sold data

Detached homes in Temagami — recent sold market

Detached homes in Temagami took a median of 34 days to sell over the last 730 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 63, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $350,000.

Homes sold for about 7.5% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$350,000
Sale-to-list ratio
92.5%
Sold above asking
8%

Based on 37 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 12 LAKE TEMAGAMI ISLAND