This property was sold on September 3, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Sherborne. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,250,000 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.
Enjoy living on beautiful Wren Lake in the Algonquin Highlands only a short drive to Historic Dorset. This very private and fully renovated cottage has all that one would want for relaxing in every season and comes with 50 acres to enjoy with great income potential! A 20 year cell tower service agreement is in place that is transferrable offering $1200.00/month. Come sit by the firepit by the lake or view the stars at night by the cozy fireplace on the newly constructed deck. If it gets chilly you can relax in the sunroom that has a beautiful fireplace. The open concept kitchen living room provides a great space to entertain guests. Having 3 bedrooms and a spacious bathroom adds to the appeal of this year round cottage. The bunkie with three unique spaces for guests also provides sleeping quarters with a bunkbed and a double bed pull out couch. The 250 feet of lake frontage is sandy and has a beach area and comes with a dock and kayak rack to store the toys. The landscaped front yard is beautiful with plenty of perennial gardens to enjoy in the spring and summer. Septic and Well installed in 2021 and all permits have been obtained for the renovation of the property. Come check this one out and you will be impressed!
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This detached home located at 1138 Moyes Trail, Algonquin Highlands is currently for sale and has been available on SousaSells for 708 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1138 Moyes Trail, Algonquin Highlands is in the Sherborne neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Waterfront, Level, Beach
Upgraded Insulation, Water Heater Owned
Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1138 Moyes Trail, Algonquin Highlands, ON P0A 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Algonquin Highlands.
About Purchasing a Home in Algonquin Highlands, ON
For a property listed at $1,250,000 in Algonquin Highlands, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.

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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.