135 Morgan Road, East Ferris, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of East Ferris. Expertly crafted featuring premium log 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 77.84 x 143.37 ft lot
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via wood
Description
Great opportunity to purchase this little Gem on beautiful Lake Nosbonsing in Corbeil, ON, 15mins from the City of North Bay, ON. This 3-season log cabin was built in 1940s with logs from across the Lake, which adds to its romantic and rustic charm. This retreat is 360 sq ft of living space, with plenty of room; small kitchen & eating area, reading nook, and sleeping area. Cozy up to the wood burning fireplace, perfectly suited for those chilly fall nights or early spring mornings. The 10 x 12 Amish built shed, just steps away from the main house, boasts a 4-pc bathroom. Enjoy your coffee from the deck overlooking the water. This property comes with furniture, pots, pans, dishes and utensils and a lift dock so all you have to do is pack your clothes and enjoy or rent it out to friends and family. It's currently rented out through Ontario Cottage Rentals.
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Property Summary
This detached home located at 135 Morgan Road, East Ferris is currently for sale and has been available on SousaSells for 331 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 135 Morgan Road, East Ferris is in the East Ferris neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Water Heater Owned
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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 135 Morgan Road, East Ferris, ON P1A 2E3
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 East Ferris, ON
For a property listed at $299,900 in East Ferris, 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 East Ferris (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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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.