1119 CRUMBY LAKE Drive, Algonquin Highlands, ON
Property no longer active
This property was sold on November 19, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Sherborne. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $895,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
Description
Wilderness acreage of nearly 100 ACRES backing onto the Hollow River with several hundred feet of shoreline and located beside hundreds of acres of CROWN LAND! There's an existing well-built driveway with a granite rock base and future building site for one's dream home/retreat. Electrical services are nearby. Convenient, well-maintained 4-season road. This property is situated across the road from KAWAGAMA LAKE, where a couple of marinas on the lake are located close by. Enjoy the awesome trail system to the back of the property (3,000+ feet in length) and make more of them. This mature-forested property fronts on the clean waters of the HOLLOW RIVER that flows from Kawagama Lake to Lake of Bays, which is an ideal spot to swim, build something special or a gazebo and dock, paddle and be in the sunshine among the wilderness. This is about as rare and special as any wilderness property gets! Large network of groomed snowmobile trails in the vicinity. Kawagama Lake offers tremendous bass & trout fishing. Keep a boat at one of the two marinas, just over the hill from this property. The charming town of Dorset is about 5-6 minutes away; within 2 1/2 hrs or so from Toronto. If you seek a huge acreage lot among nature & wilderness near Haliburton's largest lake, this is the one!
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Property Summary
This vacant land located at 1119 CRUMBY LAKE Drive, Algonquin Highlands is currently for sale and has been available on SousaSells for 694 days. This property is listed at $895,000 with an estimated mortgage of $2,979* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1119 CRUMBY LAKE Drive, Algonquin Highlands is in the Sherborne neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1119 CRUMBY LAKE Drive, Algonquin Highlands, ON P0A 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Algonquin Highlands, ON
For a property listed at $895,000 in Algonquin Highlands, the legal minimum down payment is $64,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,375 for this transaction. As this listing is in Algonquin Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,375.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.