887 Development Road, Bonfield, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Bonfield. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $474,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 582.04 x 208.2 ft lot
- Features a partially finished, full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Propane Tank
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Welcome to your own private country retreat, set on just over 2 acres and surrounded by mature trees for exceptional privacy, all just 25 minutes from North Bay. This extensively updated 2-bedroom, 2-bathroom home offers the perfect blend of modern comfort and peaceful rural living, with potential to create a third bedroom if desired. The bright, open-concept main floor is ideal for everyday living and entertaining, highlighted by a beautifully renovated kitchen and inviting living spaces. Over the past few years, the home has undergone extensive updates, including plumbing, electrical, drywall, insulation, windows, flooring, and the kitchen, allowing you to move in with confidence. Outside, you'll find a spacious wrap-around deck overlooking a large grassy yard that's perfect for children, pets, family gatherings, or simply relaxing and enjoying the tranquil setting. If you've been searching for a move-in-ready country property that offers privacy, space, and modern updates without sacrificing convenience, this is one you won't want to miss.
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Property Summary
This detached home located at 887 Development Road, Bonfield is currently for sale and has been available on SousaSells for 2 days. This property is listed at $474,900 with an estimated mortgage of $1,581* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 887 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Wooded/Treed
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Propane Tank, Water Heater Owned, Upgraded Insulation
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Location
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 887 Development Road, Bonfield, ON P0H 2E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bonfield, ON
For a property listed at $474,900 in Bonfield, the legal minimum down payment is $23,745 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 $5,973 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 $5,973.
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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.