237 YONGE Street, Burk's Falls, ON

$299,900
MLS#:X10436028
2 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Burk's Falls. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 66 x 165 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via gas

Description

Perfect to the retired couple or the young couple just starting out. This sun-filled bungalow is located in the quaint village of Burk’s Falls. This two bedroom floor plan provides spacious rooms and a large four piece bath with laundry. Ample storage in the eat-in kitchen and bright and airy sitting room facing the street. Sun filled BBQ deck on the street side is a great space to entertain family and friends and the large level back yard is a great place for kids or grandkids. Lot is large enough to add some extra living space or even an attached or detached garage. This home enjoys the benefit of a beautiful private rear yard backing onto the fairgrounds, even more space for kids to play. Walking distance to everything from the community centre and ice rink to the up and coming downtown core of this historic village as well as restaurants, pubs and shops. This property enjoys the benefits of living in town on a year round road, natural gas and municipal services. This home is low maintenance and a great opportunity to get into the market. Fibre optic internet is available. An excellent package!

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Property Summary

This detached home located at 237 YONGE Street, Burk's Falls is currently for sale and has been available on SousaSells for 730 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 237 YONGE Street, Burk's Falls is in the Burk's Falls neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementUnfinished, Crawl Space
Lot Size66 × 165 Acres
CountyParry Sound
Annual Tax$1,825
Legal DescriptionLT 18 N/S YONGE ST PL 47; BURK'S FALLS

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

None

Community Features

Location

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237 YONGE Street, Burk's Falls, 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 237 YONGE Street, Burk's Falls, ON P0A 1C0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Burk's Falls.

Configure Loan Settings

Interest Rate4.00%
Down Payment$89,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,930 over 30 years.
Purchase Price$299,900
Loan Amount$209,930
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in Burk's Falls, ON

For a property listed at $299,900 in Burk's Falls, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Burk's Falls, Burk's Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$545,751

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.