2 MACDONALD Terrace, East Ferris, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of East Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $469,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50.21 x 128 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Purifier
- Efficient forced air heating via oil
Description
Welcome to this adorable and affordable year round home or cottage retreat on the beautiful shores of lovely Lake Nosbonsing. Just 20 minutes from North Bay or a 3 hour drive from Toronto, this home-sweet-home offers 2+1 bedrooms, a full basement, forced air heat, treated water system, private dock, detached garage and more. Tasteful upgrades include a new open concept kitchen, living room with hardwood floors and a walkout to a big, expansive deck overlooking the lake, a modern 4 piece bathroom and more. Just a convenient 2 minute drive to a grocery/convenience store with gas, food and liquor services. Neat as a pin, clean as a whistle and move-in ready to enjoy 4 seasons of family fun in the sun chock full of swimming, boating, fishing, and snowmobiling galore.
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Property Summary
This detached home located at 2 MACDONALD Terrace, East Ferris is currently for sale and has been available on SousaSells for 491 days. This property is listed at $469,000 with an estimated mortgage of $1,561* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 2 MACDONALD Terrace, 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 MACDONALD Terrace, East Ferris, ON P0H 1R0
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 $469,000 in East Ferris, the legal minimum down payment is $23,450 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 $5,855 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 $5,855.
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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.