615 DEVELOPMENT Road, Bonfield, ON

$185,000
MLS#:X10708560
1 beds
1 baths
< 700 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bonfield. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $185,000 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 < 700 sqft on a premium 231.56 x 345.08 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: Suspended Ceilings, Propane Tank
  • Efficient other heating via propane

Description

Nestled on a serene 1.827-acre lot near crown land, this charming 1 bed 1 bath off-grid cabin offers a tranquil escape from the hustle and bustle of city life. Surrounded by lush greenery, towering trees, tranquil pond with creek nearby, and the sweet scent of pine, this rustic retreat beckons nature enthusiasts and solitude seekers alike. Perfect for a hunt camp with ATV trails and lakes nearby such as Talon Take or Lake Nosbonsing for loads of fishing and kayaking. Do you enjoy winter sports? Skiing and sledding close by to enjoy all winter long. A quaint, handcrafted cabin awaits you, built with love and care. When winter winds howl, the propane wall furnace ensures cozy comfort. Embrace the convenience of running water available with a well on the property. Adjacent to the cabin stands a large 24x24 barn/garage with loft above and large sliding barn door, perfect for storing tools, your boat, firewood, ATV or tractor or your trusty mountain bike. Included in the sale is a large 8' X 20' sea can, snow blower and lawn tractor. An attached carport is perfect for keeping your vehicle out of the elements. When darkness falls, step outside, sit around a bonfire and marvel at the unobstructed night sky. No light pollution here—just constellations and shooting stars. Whether you seek a weekend getaway, an artist’s retreat, or a digital detox, this off-grid haven invites you to slow down, recharge, and reconnect with nature. Leave behind the noise of modern life and embrace the simple pleasures of cabin living.

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Property Summary

This detached home located at 615 DEVELOPMENT Road, Bonfield is currently for sale and has been available on SousaSells for 714 days. This property is listed at $185,000 with an estimated mortgage of $616* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 615 DEVELOPMENT Road, Bonfield is in the Bonfield 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
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date8/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementUnfinished, Crawl Space
Lot Size231.56 × 345.08 Feet
CountyNipissing
Annual Tax$1,712
Legal DescriptionPT LT 19 CON 7 BONFIELD BEING PT 1, PL 36R-12730 TOWNSHIP OF BONFIELD

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeOutside/Surface

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

Suspended Ceilings, Propane Tank

Security Features

Community Features

Location

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615 DEVELOPMENT Road, Bonfield, 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 615 DEVELOPMENT Road, Bonfield, ON P0H 2E0

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 Bonfield.

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Interest Rate4.00%
Down Payment$55,500 (30.0%)
* Minimum Canadian down payment required for this price is $9,250.
Amortization Period30 Years
Estimated Monthly Payment$616Based on a loan of $129,500 over 30 years.
Purchase Price$185,000
Loan Amount$129,500
Provincial Land Transfer Tax:$1,575
Total Estimated Closing Taxes:$1,575

About Purchasing a Home in Bonfield, ON

For a property listed at $185,000 in Bonfield, the legal minimum down payment is $9,250 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 $1,575 for this transaction. As this listing is in Bonfield (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,575.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$487,559

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.