111 Main Street, East Luther Grand Valley, ON

$350,000
MLS#:X9009233
1 beds
1 baths
500-599 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Grand Valley. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $350,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 2.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Carpet Free
  • Efficient forced air heating via gas

Description

Perfect starter condo in the pretty town of Grand Valley! Excellent space in this one bedroom condo with large bdrm, laminate flooring, large above-grade windows & double closet with mirrored doors! Updated kitchen w/ stainless steel fridge and stove, lots of cupboards and cool backsplash. Great space in the living area with updated laminate floors! Updated bath with newer vanity w/ vessel sink! Lots of parking, well managed building, walk to all the amenities Grand Valley has to offer including quaint shops, grocery store, LCBO, rec centre and river! The perfect start for a single, couple or retiree!

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Property Summary

This condo apartment located at 111 Main Street, East Luther Grand Valley is currently for sale and has been available on SousaSells for 743 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 111 Main Street, East Luther Grand Valley is in the Grand Valley neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 19, 2024
Sold price information is available to members only
Listed Date7/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Stucco (Plaster)
BasementNone
CountyDufferin
Annual Tax$2,153.5

Parking & Garage

Parking Spaces2.0
Garage TypeSurface

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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111 Main Street, East Luther Grand Valley, 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 111 Main Street 102, East Luther Grand Valley, ON L9W 6E3

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 East Luther Grand Valley.

Configure Loan Settings

Interest Rate4.00%
Down Payment$105,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,500.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $245,000 over 30 years.
Purchase Price$350,000
Loan Amount$245,000
Provincial Land Transfer Tax:$3,725
Total Estimated Closing Taxes:$3,725

About Purchasing a Home in East Luther Grand Valley, ON

For a property listed at $350,000 in East Luther Grand Valley, the legal minimum down payment is $17,500 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 $3,725 for this transaction. As this listing is in East Luther Grand Valley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,725.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$691,644

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.