1006 Development Road, Bonfield, ON

$349,999
MLS#:X12338093
0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Bonfield. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,999 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 503.5 x 200.61 ft lot size
  • Notable attributes: None

Description

Welcome to one of the most breathtaking and versatile properties you'll come across in Northern Ontario. Located just 5 minutes from the conveniences of Rutherglen LCBO, gas, groceries, hardware and only 25 minutes to North Bay or Mattawa, this exceptional 150-acre parcel offers the perfect blend of privacy, recreation, and rural charm. Set behind a brand-new gated entrance and driveway, the property features gently rolling hills, farmable sections, and a charming off-grid chalet tucked privately into the landscape ideal as a rustic retreat or hunting cabin. Well-established trails meander throughout the acreage, offering access to a beautiful sugarbush and an abundance of wildlife, perfect for nature lovers, outdoor enthusiasts, or those seeking peace and solitude. Whether you're looking to homestead, build your dream country estate, enjoy a seasonal getaway, or invest in a stunning piece of Northern Ontario land, this property delivers endless potential in a picturesque and well-situated location.

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Property Summary

This vacant land located at 1006 Development Road, Bonfield is currently for sale and has been available on SousaSells for 339 days. This property is listed at $349,999 with an estimated mortgage of $1,165* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1006 Development Road, Bonfield is in the Bonfield neighborhood.

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

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 21, 2025
Sold price information is available to members only
Listed Date8/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size503.5 × 200.61 Feet
CountyNipissing
Annual Tax$522.67
Legal DescriptionPT E 1/2 LT 29 CON 6 BONFIELD; BEING PT 2, PLAN 36R14800; BONFIELD ; DISTRICT OF NIPISSING TOWNSHIP OF BONFIELD

Heating & Cooling

CoolingNone

Features

Property Features

Interior Features

None

Security Features

None

Community Features

Location

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1006 Development Road, Bonfield, 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 1006 Development Road, Bonfield, ON P0H 2E0

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 Bonfield.

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Interest Rate4.00%
Down Payment$105,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,500.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $244,999 over 30 years.
Purchase Price$349,999
Loan Amount$244,999
Provincial Land Transfer Tax:$3,725
Total Estimated Closing Taxes:$3,725

About Purchasing a Home in Bonfield, ON

For a property listed at $349,999 in Bonfield, the legal minimum down payment is $17,500 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 $3,725 for this transaction. As this listing is in Bonfield (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,725.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$487,559

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.