216 Cedar Street, Clearview, ON
Property no longer active
This property was sold on October 19, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Stayner. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $599,999 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 66.51 x 100.02 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 216 Cedar St, Stayner, where possibilities abound. This unique property features two separate dwellings, making it a perfect fit for investors seeking rental income or first-time buyers looking to offset mortgage costs. The main home includes a recently renovated legal 2-bedroom 1 bath apartment, offering spacious living areas, a bright kitchen, and comfortable bedrooms. This unit is ideal for either renting out or living in, providing flexibility to suit your needs. The second dwelling is a well-maintained 2-bedroom, 1-bath unit with a bonus loft space on the top floor which could be used as an additional bedroom, Office, play area or storage. With separate entrances for each unit, privacy is assured for both occupants, enhancing the property's appeal for renters and owners alike. Situated on a generous lot in a quiet, family-friendly neighborhood, 216 Cedar St offers ample outdoor space, perfect for gardening, entertaining, or simply enjoying the serene surroundings. There's also plenty of parking available, adding to the convenience for residents of both units. The property's location is another major advantage, close to schools, parks, shopping, and dining, making it an attractive option for families and renters.
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Property Summary
This detached home located at 216 Cedar Street, Clearview is currently for sale and has been available on SousaSells for 712 days. This property is listed at $599,999 with an estimated mortgage of $1,997* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 216 Cedar Street, Clearview is in the Stayner neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 216 Cedar Street, Clearview, ON L0M 1S0
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 Clearview, ON
For a property listed at $599,999 in Clearview, the legal minimum down payment is $35,000 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 $8,475 for this transaction. As this listing is in Clearview (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,475.
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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.