178 High Street, Georgian Bay, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Freeman. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $125,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 75 x 650 ft lot size
Description
Positioned in the growing community of MacTier, this spacious 1-acre lot presents an exceptional opportunity to build your dream home or invest in one of Muskoka's most sought-after areas near Lake Joseph. With municipal water and sewer services available at the lot line, the groundwork is already in place for your vision. Approved for a triplex and with a favourable pre-consultation for a potential fourplex rezoning, this property offers flexible development potential. Whether you're a builder, investor, or end-user, this lot aligns perfectly with today's government incentives promoting housing solutions. Enjoy the convenience of walking distance to local schools, grocery stores, and the hockey arena, all while being immersed in the natural charm of Muskoka. The seller is open to negotiating driveway completion prior to closing and will consider holding a vendor take-back (VTB) mortgage for qualified buyers. Architectural drawings are available at an additional cost, providing a head start on your development goals. Don't miss your chance to own a rare, well-located piece of land in a flourishing community with true long-term upside.
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Property Summary
This vacant land located at 178 High Street, Georgian Bay is currently for sale and has been available on SousaSells for 374 days. This property is listed at $125,000 with an estimated mortgage of $416* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 178 High Street, Georgian Bay is in the Freeman neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 178 High Street, Georgian Bay, ON P0C 1H0
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 Georgian Bay, ON
For a property listed at $125,000 in Georgian Bay, the legal minimum down payment is $6,250 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 $975 for this transaction. As this listing is in Georgian Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $975.
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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.