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 $899,000 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.
VACANT BUILDING LOT IN LORA BAY. PRICE REFLECTS LAND VALUE ONLY. A rare opportunity to build your dream home in the prestigious Lora Bay community. This generous 80ft x 186ft lot offers potential expansive bay views from your future home and is ideally located backing onto green space and just minutes from Georgian Bay, private ski and golf clubs, scenic trails, and the charming shops and restaurants of downtown Thornbury. The perfect setting for a four-season lifestyle.Experience everything Lora Bay has to offer: tee off on the renowned 18-hole championship golf course, spend summer days at one of the two private beaches, or connect with neighbours through a variety of social activities at the members-only clubhouse.Most development fees have been paid, with taxes to be assessed. A vendor take-back option is also available.Don't miss the chance to design and build your custom home in one of South Georgian Bay's most sought-after communities.HST is not applicable. Lora Bay monthly fee $105.63 (lowest in Lora Bay).
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Data-driven valuation for 127 West Ridge Drive, Blue Mountains, ON N0H 2P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Blue Mountains.
About Purchasing a Home in Blue Mountains, ON
For a property listed at $899,000 in Blue Mountains, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.
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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.