8 Spruce Lane, Armour, ON

$289,900
MLS#:X12245233
3 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Katrine. Expertly crafted featuring premium aluminum siding and other construction, this residence presents an exceptional opportunity offered at $289,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 100 x 120 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • Efficient other heating via other

Description

Opportunity Knocks! Perfect starter home, retirement home or recreational property. Located only 20 minutes north of Huntsville Very close to Doe Lake public beach and endless boating opportunities! This home offers almost 3/4 of an acre with 20 x 24 detached garage. The home has 3 bedrooms, living room with propane gas fireplace, 4pc bath, kitchen and dining area. The unfinished basement is a blank canvas to finish to your needs. This property is a great opportunity for the right buyer.

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Property Summary

This detached home located at 8 Spruce Lane, Armour is currently for sale and has been available on SousaSells for 388 days. This property is listed at $289,900 with an estimated mortgage of $965* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 8 Spruce Lane, Armour is in the Katrine neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 16, 2025
Sold price information is available to members only
Listed Date6/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionAluminum Siding, Other
BasementFull, Unfinished
Lot Size100 × 120 Feet
CountyParry Sound
Annual Tax$1,544.93
Legal DescriptionPCL 9165 SEC SS; LT 3-4 PL M91; ARMOUR

Parking & Garage

Parking Total8.0
Parking Space10
Garage TypeDetached

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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8 Spruce Lane, Armour, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Spruce Lane, Armour, ON P0A 1L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Armour.

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Interest Rate4.00%
Down Payment$86,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,495.
Amortization Period30 Years
Estimated Monthly Payment$965Based on a loan of $202,930 over 30 years.
Purchase Price$289,900
Loan Amount$202,930
Provincial Land Transfer Tax:$2,824
Total Estimated Closing Taxes:$2,824

About Purchasing a Home in Armour, ON

For a property listed at $289,900 in Armour, the legal minimum down payment is $14,495 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 $2,824 for this transaction. As this listing is in Armour (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,824.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Katrine, Armour.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$506,994

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.