Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of Mayo Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $474,900 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.
Little Mississippi River - don't let this one pass you by! This adorable home with a private yard has a beautiful view of the river from the spacious back deck. Great spot for swimming and you can traverse the river with your kayak and canoe while you enjoy nature at its finest. Yard is level at the road then slopes to the water and is level at the river. Property is 2.51 acres with 380' of river front. This well maintained home has 2 bedrooms on the main floor, a shared kitchen & dining room that overlooks the river, living room, main floor laundry and a 4 piece bathroom. Walkout basement features a 3rd bedroom, 2 piece bathroom, rec room, mud room, utility room and lots of storage. There is a second large deck facing the road and a storage shed for all your needs. If you don't want to drive 20 minutes to town, Cunningham's General Store is 5 minutes away and provides gas, groceries and a liquor store. Recent updates include a heat pump in 2020 and a new water pump in 2023. The added bonus with this house is the Tesla Powerwall which is part of the Residential Reliability Improvement Program. It can be transferred to a new owner or removed by closing date.
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This rural residential located at 529 Mayo Lake Road, Carlow/Mayo is currently for sale and has been available on SousaSells for 2 days. This property is listed at $474,900 with an estimated mortgage of $1,581* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 529 Mayo Lake Road, Carlow/Mayo is in the Mayo Ward neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Mayo Ward, Carlow/Mayo.
Families, couples, or downsizers looking for a well-proportioned home in Carlow/Mayo.
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The current listing price for 529 Mayo Lake Road, Carlow/Mayo, ON in Mayo Ward, Carlow/Mayo is $474,900.
This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
529 Mayo Lake Road, Carlow/Mayo, ON is a Rural Residential (Bungalow) featuring a Partially Finished, Walk-Out basement.
Key property features include: Hospital, Rec./Commun.Centre, River/Stream, School Bus Route, Wooded/Treed, Waterfront.
Interior highlights include: Primary Bedroom - Main Floor, Storage, Water Heater Owned.
Yes, this property offers parking space for 6.0 vehicles (None).
Heating is provided via Propane and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 529 Mayo Lake Road, Carlow/Mayo, ON K0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Carlow/Mayo.
About Purchasing a Home in Carlow/Mayo, ON
For a property listed at $474,900 in Carlow/Mayo, the legal minimum down payment is $23,745 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 $5,973 for this transaction. As this listing is in Carlow/Mayo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,973.
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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.