5148 GRAHAM LAKE Road, Elizabethtown-Kitley, ON

$499,900
MLS#:X9452795
3 beds
1 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 811 - Elizabethtown Kitley (Old Kitley) Twp. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 1045 x 1250 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Efficient forced air heating via wood

Description

Flooring: Softwood, Flooring: Linoleum, A little over 60 Acres in 2 separate parcels being sold as one on Centre Lake. This Century stone home offers tremendous potential. Features include metal roof, stone fireplace, 3 bedrooms, double car attached garage, a 3 bay drive shed and main floor laundry. The land offers fields that are maintained by a local farmer, a waterfront cottage and a multitude of opportunity for outdoor recreational activities, potential expansion of the existing structures, or even the creation of additional living spaces. The property's abundant potential makes it an attractive investment for those seeking a unique and versatile estate., Flooring: Carpet Over Softwood

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Property Summary

This detached home located at 5148 GRAHAM LAKE Road, Elizabethtown-Kitley is currently for sale and has been available on SousaSells for 737 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 5148 GRAHAM LAKE Road, Elizabethtown-Kitley is in the 811 - Elizabethtown Kitley (Old Kitley) Twp neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 13, 2024
Sold price information is available to members only
Listed Date7/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionStone
BasementFull, Unfinished
Lot Size1045 × 1250
CountyLeeds and Grenville
Annual Tax$3,500
Legal DescriptionPT LT 35-37 CON 5 ELIZABETHTOWN AS IN LR219027 (FIRSTLY, SECONDLY) EXCEPT PT 1 AND 2 28R14264 AND PT 3 28R14397; S/T LR341318 TOWNSHIP OF ELIZABETHTOWN-KITLEY And PT LTS 35 & 36 CON 5 ELIZABETHTOWN, PT 2 ON 28R14264 & PT 1 ON 28R14397 TOWNSHIP OF ELIZABETHTOWN-KITLEY - PINS included in sale 443110129 & 443110128

Parking & Garage

Parking Spaces6.0
Garage TypeAttached

Heating & Cooling

Heat SourceWood
Heat TypeForced Air
CoolingNone

Features

Property Features

Wooded/Treed, Waterfront, Waterfront

Interior Features

Security Features

Community Features

Location

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5148 GRAHAM LAKE Road, Elizabethtown-Kitley, 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 5148 GRAHAM LAKE Road, Elizabethtown-Kitley, ON K0E 1M0

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 Elizabethtown-Kitley.

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Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Elizabethtown-Kitley, ON

For a property listed at $499,900 in Elizabethtown-Kitley, the legal minimum down payment is $24,995 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 $6,473 for this transaction. As this listing is in Elizabethtown-Kitley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 811 - Elizabethtown Kitley (Old Kitley) Twp, Elizabethtown-Kitley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$597,543

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.