454 Park Lane, Black River Matheson, ON

$82,000
MLS#:T11939063
2 beds
1 baths
< 700 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 29, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Matheson. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $82,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 85.85 x 151.46 ft lot
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient other heating via gas

Description

This two-bedroom, one-bathroom bungalow sits on a spacious lot and features a massive garage, perfect for parking or extra storage. With a little TLC, this home has the potential to be transformed into a modern and cozy living space.As you enter, you'll find the living room, with two bedrooms to the right. The layout also includes a kitchen, bathroom, and a handy mudroom all on the main floor. Conveniently located near the hospital, school, and grocery store, this home offers both comfort and accessibility. Don't miss the chance to make this adorable property your own!

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Property Summary

This detached home located at 454 Park Lane, Black River Matheson is currently for sale and has been available on SousaSells for 539 days. This property is listed at $82,000 with an estimated mortgage of $273* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 454 Park Lane, Black River Matheson is in the Matheson neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 29, 2025
Sold price information is available to members only
Listed Date1/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size85.85 × 151.46 Feet
CountyCochrane
Annual Tax$675
Legal DescriptionPCL 11252 SEC SEC SRO; LT 20 PL M123C BOWMAN; S/T C230556; BLACK RIVER-MATHESON

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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454 Park Lane, Black River Matheson, 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 454 Park Lane, Black River Matheson, ON P0K 1N0

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.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$24,600 (30.0%)
* Minimum Canadian down payment required for this price is $4,100.
Amortization Period30 Years
Estimated Monthly Payment$273Based on a loan of $57,400 over 30 years.
Purchase Price$82,000
Loan Amount$57,400
Provincial Land Transfer Tax:$545
Total Estimated Closing Taxes:$545

About Purchasing a Home in Black River Matheson, ON

For a property listed at $82,000 in Black River Matheson, the legal minimum down payment is $4,100 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 $545 for this transaction. As this listing is in Black River Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $545.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Matheson, Black River-Matheson.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$298,235

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.