1040 Ruby Road, Black River-Matheson, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Matheson. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $149,900 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
- Generous living space spanning 1500-2000 sqft on a premium 328.49 x 746.69 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Storage
- Efficient forced air heating via wood
Description
Discover 4 acres of peaceful country living just minutes from the town of Matheson. This versatile property is zoned for agricultural use, offering endless possibilities for hobby farming or other rural ventures. Nestled on a quiet road, privacy and tranquility come standard. Built in 1980, the home offers nearly 1,600 square feet on the main level, featuring a spacious open-concept kitchen and dining area, plus an oversized family room with cathedral ceilings and a wood-burning fireplace. The full basement mirrors the main floor footprint and is brimming with potential ideal for additional living space, a workshop, or storage.Whether you're looking to escape the city, start a small farm, or simply enjoy wide open space, this property is ready to become your personal retreat.
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Property Summary
This detached home located at 1040 Ruby Road, Black River-Matheson is currently for sale and has been available on SousaSells for 362 days. This property is listed at $149,900 with an estimated mortgage of $499* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 1040 Ruby Road, Black River-Matheson is in the Matheson neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Primary Bedroom - Main Floor, Propane Tank, Storage
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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 1040 Ruby Road S, Black River-Matheson, ON P0K 1N0
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About Purchasing a Home in Black River-Matheson, ON
For a property listed at $149,900 in Black River-Matheson, the legal minimum down payment is $7,495 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 $1,224 for this transaction. As this listing is in Black River-Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,224.
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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.