40 HOOVER POINT Lane, Haldimand County, ON

$1,180,000
MLS#:X10445997
2 beds
1 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Haldimand County. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $1,180,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 80.7 x 229.59 ft lot
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Purifier
  • equipped with other central cooling and highly efficient other heating via gas

Description

This stunning year-round lake house is situated on a 1/3 acre lot in a highly sought-after community nestled in the heart of Selkirk Cottage Country. Boasting direct waterfront access, the property includes 73 feet wide and 75 ft deep of private shallow entry beach with a mix of sandy sections, and smooth limestone, perfect for evening bonfires. Enjoy picnics on the beach, taking in the sun and listening to the waves. The fully fenced backyard, protected by a storm-resistant warranty, ensures privacy and security. The house itself is a blend of modern convenience and nautical charm, featuring newer plumbing, electrical systems, heating, and air conditioning. The open-concept main cottage with vaulted ceilings offers breathtaking lake views from the kitchen and living area. The master bedroom comfortably fits a king-size bed, while the second bedroom accommodates a queen-size bed and a single bed, and there's also a play loft. Additional living space is provided by a private bunkie, perfect for those needing a quiet workspace or an extra sleeping area. The property includes a large garage capable of storing a boat, a BBQ, a fire pit, an indoor fireplace, a hot tub, and air conditioning. Located on a private road in a tranquil area, the cottage is above water level, outside any flood zone, and protected by a concrete break wall with riparian rights. This is one you don’t want to miss!!

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Property Summary

This detached home located at 40 HOOVER POINT Lane, Haldimand County is currently for sale and has been available on SousaSells for 773 days. This property is listed at $1,180,000 with an estimated mortgage of $3,928* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 40 HOOVER POINT Lane, Haldimand County

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBoard & Batten
BasementNone
Lot Size80.7 × 229.59 Feet
CountyHaldimand-Norfolk
Annual Tax$3,144.72
Legal DescriptionPT LT 5 CON 1 RAINHAM AS IN HC286178; T/W HC286178; S/T R7560; HALDIMAND COUNTY

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingOther

Features

Property Features

Golf, Hospital

Interior Features

Water Purifier

Security Features

Community Features

Location

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40 HOOVER POINT Lane, Haldimand County, ON

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 40 HOOVER POINT Lane, Haldimand County, ON N0A 1P0

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 Haldimand County.

Configure Loan Settings

Interest Rate4.00%
Down Payment$354,000 (30.0%)
* Minimum Canadian down payment required for this price is $236,000.
Amortization Period30 Years
Estimated Monthly Payment$3,928Based on a loan of $826,000 over 30 years.
Purchase Price$1,180,000
Loan Amount$826,000
Provincial Land Transfer Tax:$20,075
Total Estimated Closing Taxes:$20,075

About Purchasing a Home in Haldimand County, ON

For a property listed at $1,180,000 in Haldimand County, the legal minimum down payment is $236,000 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 $20,075 for this transaction. As this listing is in Haldimand County (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,075.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$761,375

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.