257 Red Cloud School Road, Cramahe, ON

$1,898,000
MLS#:X9031330
5 beds
4 baths
5000 + sqft
9.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 9, 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 Rural Cramahe. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,898,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 5000 + sqft on a spacious lot (Acres)
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via ground source

Description

Nestled in the rolling hills of Northumberland you'll discover this enchanting saltbox spanning over 5,000 sq ft, offering five spacious bedrooms, three full bathrooms, a convenient half bath, and a fully finished lower level. This spectacular property features a detached three-car garage with an attached drive shed, a charming hobby barn, and a hidden cabin by a serene springfed one-acre pond. Experience peace and tranquillity as you explore the numerous trails winding through the mixed forest canopy. The lush greenery, coupled with the stunning backdrop of rolling hills, creates a tranquil and idyllic setting. Every season here is truly magical, inviting endless exploration and adventure.

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Property Summary

This detached home located at 257 Red Cloud School Road, Cramahe is currently for sale and has been available on SousaSells for 737 days. This property is listed at $1,898,000 with an estimated mortgage of $6,318* per month. It has 5 beds, 4 bathrooms, and is 5000 + square feet. 257 Red Cloud School 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

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 9, 2024
Sold price information is available to members only
Listed Date7/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionWood
BasementFinished
CountyNorthumberland
Annual Tax$9,025.9
Legal DescriptionSee Schedule C in attachments

Parking & Garage

Parking Spaces9.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Lake/Pond, Wooded/Treed

Interior Features

Auto Garage Door Remote, Built-In Oven, ERV/HRV, Generator - Partial, Propane Tank, Storage, Sump Pump, Water Heater Owned, Water Softener

Security Features

Community Features

Location

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257 Red Cloud School Road, Cramahe, 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 257 Red Cloud School Road, Cramahe, ON K0K 3K0

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 Cramahe.

Configure Loan Settings

Interest Rate4.00%
Down Payment$569,400 (30.0%)
* Minimum Canadian down payment required for this price is $379,600.
Amortization Period30 Years
Estimated Monthly Payment$6,318Based on a loan of $1,328,600 over 30 years.
Purchase Price$1,898,000
Loan Amount$1,328,600
Provincial Land Transfer Tax:$34,435
Total Estimated Closing Taxes:$34,435

About Purchasing a Home in Cramahe, ON

For a property listed at $1,898,000 in Cramahe, the legal minimum down payment is $379,600 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 $34,435 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 $34,435.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Cramahe, Cramahe.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$825,532

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.