8 Summerset Place, Essa, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Angus. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $624,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 82 x 164 ft lot
- 5.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Other, Water Heater Owned
- Efficient forced air heating via gas
Description
2 Unit home (Duplex) on a massive in town property 82.30 ft x 164.99 ft/ 0.31 acres in a very nice Angus neighborhood across from retail. Each unit has its own entrance and electrical panel so tenants pay their own hydro. Both units are above grade, bright and spacious with 2 bedrooms & 1 full bath. Units are tenanted so they require 24 hour notice to tenants for showings so please book your viewing with that in mind. Note: This property is beside 190 and 192 Mill Street which are also available for sale making it even more interesting for future development considerations.
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Key Features
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Other, Water Heater Owned
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Summerset Place, Essa, ON L3W 0G4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Essa, ON
For a property listed at $624,900 in Essa, the legal minimum down payment is $37,490 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 $8,973 for this transaction. As this listing is in Essa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,973.
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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.