52 Derland Road, East Ferris, ON

$720,000
MLS#:X12058922
5 beds
2 baths
1100-1500 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 10, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of East Ferris. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $720,000 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 200 x 400 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Air Exchanger, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Are you looking for a fully finished newly built 3+2 bedroom, 2 bathroom home privately set on 1.8 acres in sought-after East Ferris? Then look no further! Completed in 2023 this home boasts a bright and open concept main floor living area, with vaulted ceilings in the living room, dining area with patio doors to the large and private balcony, as well as a beautiful kitchen with custom concrete counters and Maytag appliance package. The primary bedroom is spacious with a walk-in closet, 2 further bedrooms and 4pc bath complete the main floor. The lower level is fully finished and has a large rec room with accented electric fireplace, high ceilings and patio door to the backyard. Lots of room for kids to play or a gym or games area. 2 additional bedrooms ideal for guests or a home office, a further 4pc bath, laundry room, mudroom area with side access from outside, as well as utility room. Forced air propane heating with AC. The exterior offers plenty of space and privacy with an abundance of parking. Short drive to 3 area lakes, local schools and much more. This home is sure to check all of your "country living" boxes!

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Property Summary

This rural residential located at 52 Derland Road, East Ferris is currently for sale and has been available on SousaSells for 471 days. This property is listed at $720,000 with an estimated mortgage of $2,397* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 52 Derland 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

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 10, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished with Walk-Out, Full
Lot Size200 × 400 Feet
CountyNipissing
Annual Tax$4,223.06
Legal DescriptionPART LOT 15, CONCESSION 9, EAST FERRIS, PART 1, PLAN 36R-14867 TOWNSHIP OF EAST FERRIS

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Rec./Commun.Centre, School, School Bus Route

Interior Features

Air Exchanger, Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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52 Derland Road, East Ferris, 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 52 Derland Road, East Ferris, ON P0H 1K0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Ferris.

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Interest Rate4.00%
Down Payment$216,000 (30.0%)
* Minimum Canadian down payment required for this price is $47,000.
Amortization Period30 Years
Estimated Monthly Payment$2,397Based on a loan of $504,000 over 30 years.
Purchase Price$720,000
Loan Amount$504,000
Provincial Land Transfer Tax:$10,875
Total Estimated Closing Taxes:$10,875

About Purchasing a Home in East Ferris, ON

For a property listed at $720,000 in East Ferris, the legal minimum down payment is $47,000 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 $10,875 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 $10,875.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East Ferris, East Ferris.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$725,407

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.