51 DEVELOPMENT Road, Bonfield, ON
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 $479,900 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
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
Description
Great opportunity to purchase this new-build ready property. Just 30 minutes east of North Bay in Bonfield. You could build your dream home on this 7.8 Arce cleared piece of property, with an amazing view of Lake Nosbonsing. The build site is ready with a Septic installed in 2022, hydro in place, and a 6” drilled well done in 2019. Additionally, on the property there is a heated 40' X 80' Tower Steel garage with 16' Ceilings (Built Jan 2021), with a 11' X 18' mezzanine, a 3 pc washroom, kitchen, living area and sleeping accommodations all serviced by a 200 amp electrical service, heated by propane and a pellet woodstove. A place to work, and rest. Also situated on the property is a 32x64 Dog Pen and travel trailer with attached Bunkie with 2 Bedrooms. An ideal area for people with a passion for the outdoors, including hunters, snowmobilers with OFSC trails nearby with countless ATV trails as well. Don’t miss the opportunity to own this dream property.
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Property Summary
This vacant land located at 51 DEVELOPMENT Road, Bonfield is currently for sale and has been available on SousaSells for 714 days. This property is listed at $479,900 with an estimated mortgage of $1,597* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 51 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 51 DEVELOPMENT Road, Bonfield, ON P0H 1E0
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 $479,900 in Bonfield, the legal minimum down payment is $23,995 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 $6,073 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 $6,073.
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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.