120 Landry Lane, Blue Mountains, ON

$1,695,000
MLS#:X9047382
3 beds
3 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 24, 2024. 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 Blue Mountains. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $1,695,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 80.05 x 147.64 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Generator - Full
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in coveted and beautiful Lora Bay, this impeccably maintained home offers a seamless blend of elegance and comfort. Featuring a notable and stunning marble fireplace, floor-to-ceiling windows and a soaring 20-ft vaulted ceiling, the open-concept design fills the space with natural light and frames the picturesque views of the lush backyard and abundance of greenery. The sprawling backyard offers ample space for entertaining, relaxing by the fire-pit, or enjoying outdoor games with family.The heart of the home is its well-appointed eat-in kitchen with a granite island, ideal for gathering with loved ones. Adjacent to the kitchen is a seating area and BBQ space, perfect for summer evenings or year-round grilling. Practical conveniences include a cherished butlers pantry, mudroom, and direct access to the spacious double car garage.The expansive main floor primary suite is a retreat unto itself, featuring a generous bedroom, walk-in closet, and a luxurious spa-like bathroom complete with a clawfoot tub. A highlight is the suites private walkout to the backyard oasis, where mornings can be savoured with birdsong and the view of the changing seasons. Additionally, the first floor includes an office that could be used as a guest bedroom. Moving from the main floor downstairs, you will find 2 large bedrooms, heated floors and a cozy 2nd family room. The unfinished basement area presents opportunities for a gym, bar, or extra storage to suit your lifestyle needs. Lora Bay epitomizes the essence of a secluded yet vibrant community, offering exclusive access to private beaches, a clubhouse, fine dining, social activities, and the renowned Georgian Trail and golf course. Within a short drive, Thornbury beckons with its charming shops, restaurants, yacht club, beaches, hiking trails, and ski clubs. Additional property features: surround sound, cold storage room, extra-wide driveway, Generac generator, electric blinds and more.

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Property Summary

This detached home located at 120 Landry Lane, Blue Mountains is currently for sale and has been available on SousaSells for 730 days. This property is listed at $1,695,000 with an estimated mortgage of $5,642* per month. It has 3 beds, 3 bathrooms, and is 3500-5000 square feet. 120 Landry Lane, Blue Mountains is in the Blue Mountains neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 24, 2024
Sold price information is available to members only
Listed Date7/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Wood
BasementPartially Finished
Lot Size80.05 × 147.64 Feet
CountyGrey County
Annual Tax$6,816
Legal DescriptionLOT 39, PLAN 16M17, THE BLUE MOUNTAINS. T/W EASEMENT OVER THE COMMON ELEMENTS IN GREY COMMON ELEMENTS CONDOMINIUM - SEE FULL LEGAL DESCR, ATTACHED

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Skiing, Waterfront, Lake/Pond, Beach

Interior Features

Auto Garage Door Remote, Built-In Oven, Generator - Full, Water Heater

Security Features

Community Features

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Location

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120 Landry Lane, Blue Mountains, 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 120 Landry Lane, Blue Mountains, ON N0H 2P0

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 Blue Mountains.

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Interest Rate4.00%
Down Payment$508,500 (30.0%)
* Minimum Canadian down payment required for this price is $339,000.
Amortization Period30 Years
Estimated Monthly Payment$5,642Based on a loan of $1,186,500 over 30 years.
Purchase Price$1,695,000
Loan Amount$1,186,500
Provincial Land Transfer Tax:$30,375
Total Estimated Closing Taxes:$30,375

About Purchasing a Home in Blue Mountains, ON

For a property listed at $1,695,000 in Blue Mountains, the legal minimum down payment is $339,000 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 $30,375 for this transaction. As this listing is in Blue Mountains (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Blue Mountains, Blue Mountains.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,405,629

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.