196 Yonge Street, Burk's Falls, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Burk's Falls. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $99,000 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 66 x 132 ft lot
- 8.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via other
Description
Discover this prime 0.2-acre vacant lot in the heart of Burk's Falls, ready for your dream build! This level, cleared lot offers a gravel driveway, is partially fenced, and features perimeter trees providing privacy. Services available include municipal water and sewer, Natural gas and hydro. Additionally fiber internet access is also available from Lakeland. The township updated municipal service lines and roadway along Yonge Street, work completed in the fall of 2020. The lot has been surveyed, making it a hassle-free build site. Convenient garbage pick-up service is also available, as well as many other amenities offered by the Village of Burks Falls. With less than a 30 minute drive to Huntsville, don't miss this perfect opportunity to create your new home in a peaceful, welcoming community.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 196 Yonge Street, Burk's Falls, ON P0A 1C0
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About Purchasing a Home in Burk's Falls, ON
For a property listed at $99,000 in Burk's Falls, the legal minimum down payment is $4,950 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 $715 for this transaction. As this listing is in Burk's Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $715.
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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.