47 LAKESHORE Road, Bonfield, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bonfield. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $350,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 1149.5 x 199 ft lot
- 4.0 total parking spaces available with a convenient outside/surface configuration
- Notable attributes: None
- Efficient none heating via unknown
Description
Welcome to your perfect lakeside retreat! This seasonal cottage is nestled on a stunning lakefront lot, offering breathtaking panoramic views of the water and surrounding natural beauty. Imagine waking up to the gentle sound of the lake, sipping your morning coffee as the sun rises, or winding down your day with the tranquil sounds of nature. While the cottage itself is in need of some improvement, it presents a unique opportunity for you to design and build the perfect getaway tailored to your needs. Whether you choose to restore this rustic gem or construct a brand-new cottage, the potential is limitless. With direct access to the water, this property is perfect for boating, swimming, fishing, and all your favorite outdoor activities. Create unforgettable memories here for years to come. Don’t miss out on this rare opportunity to own a slice of paradise! The views, the location, and the potential are unmatched.
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Property Summary
This detached home located at 47 LAKESHORE Road, Bonfield is currently for sale and has been available on SousaSells for 630 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 47 LAKESHORE Road, Bonfield is in the Bonfield neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 LAKESHORE Road, Bonfield, ON P0H 2E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bonfield, ON
For a property listed at $350,000 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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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.