160 Gillespie Road, Cramahe, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Cramahe. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $450,000 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.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Spacious lot size measured in Feet
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: None
- equipped with other central cooling and highly efficient heat pump heating via electric
Description
Calling All Handy People! Your canvas awaits at 160 Gillespie in the town of Colborne. Situated on 8.66 acres, with close access to the 401 highway, this property would be perfect to those with a vision for transformation. Whether you're an avid DIY enthusiast or a seasoned handyman, this property allows you to channel your creativity and skills to bring out its full potential. Grab your tools, bring your ideas, and make this house your own. Property is being Sold Under Power of Sale, Sold as is Where is.
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Property Summary
This detached home located at 160 Gillespie Road, Cramahe is currently for sale and has been available on SousaSells for 675 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 160 Gillespie Road, Cramahe is in the Rural Cramahe 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 160 Gillespie Road, Cramahe, ON K0K 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 Cramahe, ON
For a property listed at $450,000 in Cramahe, the legal minimum down payment is $22,500 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 $5,475 for this transaction. As this listing is in Cramahe (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,475.
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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.