120 Patricia Drive, Blue Mountains, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Blue Mountains. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 100 x 152 ft lot size
- Notable attributes: None
Description
Build your dream chalet home almost ski in / out to Blue Mountains south end! This is one of the few remaining opportunities to purchase a large 1/3 acre lot (100 x 152) with full services at the lot line where you can create the custom home you've always desired, and its low carrying costs even allow you to wait to build until the time is right! This treed and established neighbourhood in the heart of Ski Country offers you a quiet dead end street with municipal water, sewer services, natural gas and hydro available. Walking distance to shopping, restaurants, the weekly entertainment and all of the amenities in The Village at Blue Mountain plus its many trails for hiking and biking. A 2 km bike ride takes you down to Northwinds Beach and all that Georgian Bay has to offer as well as the famous Georgian Trail for cyclists, hikers, groomed in winter by the Town for cross country skiers & snowshoers. Monterra Golf is within walking distance, and numerous other Golf courses are within a 30 min drive. **EXTRAS** Registry has docs on Title referring to a Right of Way, no longer in existence, referred to roads of the subdivision owned in 1968 by the developer, subsequently taken over by the municipality. Capital cost for the sewers is approx. $27,000 which must be paid on closing, Seller will defray at her own expense. Included is the storage shed (as is), excluded are the utility trailer and the #1 chair lift behind the shed.
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Pricing & Value Insights
Data-driven valuation for 120 Patricia Drive, Blue Mountains, ON L9Y 0P1
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About Purchasing a Home in Blue Mountains, ON
For a property listed at $499,900 in Blue Mountains, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.