120 SCHOONERS Lane, Blue Mountains, ON

$1,239,900
MLS#:X11822748
5 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Blue Mountains. Expertly crafted featuring premium concrete and wood construction, this residence presents an exceptional opportunity offered at $1,239,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 62 ft lot
  • Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BACKING ONTO GREENSPACE IN THE COTTAGEs AT LORA BAY: This fully finished NORTHSTAR Model is top of the line to be picked due in part for the covered outside porch that exits from the dinning room at the back of the house. The open concept main floor living with the floor to ceiling fireplace is a wonder to behold. The open concept design allows you to enjoy the family while you prepare the meals in the gourmet kitchen area. With the primary bedroom, ensuite, laundry room and two piece bath on the main floor makes it work very well for one floor living if you so wish. You have an additional two bedrooms, 4pc bathroom with a loft area upstairs for your home office, TV area for your family or guests when they come to visit. In addition to this beautifully finished home is the lower level which adds a large family room, storage room and an addition two bedrooms with four piece bathroom. Making this an ideal space for your self or your extended family. Nothing has been spared when putting this home together. The location and the finishes in this home must be seen to be appreciated. You are steps away from the private Beach located on Georgian Bay or take advantage of the Private members lodge with games area, lending library and state of the art workout Gym, or just enjoy a leisurely lunch at the Grill restaurant or play golf at the Lora Bay Course. The quaint town of Thornbury with its many restaurants and stores to look after all your immediate needs is a must see. Either bike in on the Georgian Trail or a 5 min drive away. Why Wait!! All HST is included in the price for buyers who qualify.

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Property Summary

This detached home located at 120 SCHOONERS Lane, Blue Mountains is currently for sale and has been available on SousaSells for 604 days. This property is listed at $1,239,900 with an estimated mortgage of $4,127* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 120 SCHOONERS 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
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 27, 2024
Sold price information is available to members only
Listed Date11/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionConcrete, Wood
BasementPartially Finished, Full
Lot Size50 × 62 Feet
CountyGrey County
Annual Tax$0
Legal DescriptionUNIT 23, LEVEL 1, GREY VACANT LAND CONDOMINIUM PLAN NO. 127 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN GY219631 TOAN EASEMENT AS IN GY224571 TOWN OF THE BLUE MOUNTAINS

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Water Heater, Sump Pump

Security Features

Community Features

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Location

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120 SCHOONERS 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 SCHOONERS 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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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$371,970 (30.0%)
* Minimum Canadian down payment required for this price is $247,980.
Amortization Period30 Years
Estimated Monthly Payment$4,127Based on a loan of $867,930 over 30 years.
Purchase Price$1,239,900
Loan Amount$867,930
Provincial Land Transfer Tax:$21,273
Total Estimated Closing Taxes:$21,273

About Purchasing a Home in Blue Mountains, ON

For a property listed at $1,239,900 in Blue Mountains, the legal minimum down payment is $247,980 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 $21,273 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 $21,273.

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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.