Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Joly. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 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.
Nestled in the serene landscapes just outside beautiful Sundridge, Ontario, this property offers more than a home. It's a unique opportunity to combine lifestyle, flexibility, and income potential in one. Just imagine living on over 37 acres of picturesque land while benefiting from a thoughtfully designed in-law setup, ideal for multi-generational living or generating supplemental income.The main floor welcomes you with a recently updated eat-in kitchen and a spacious living room, perfect for family gatherings or peaceful evenings. The primary suite includes a convenient 2-piece ensuite and a large walk-in dressing room, which most people see as the perfect opportunity to convert into a third bedroom. A second bedroom, a 4-piece bath, and laundry complete this level. How open-minded would you be to a property with a fully finished lower level featuring a separate entrance, a 1-bedroom/1-bath unit, plus an extra bedroom and 3-piece bath with laundry that can be used by either floor? It's the kind of flexibility that gives families, investors, or entrepreneurs endless options. Step outside and you'll find that the property continues to impress. Multiple outbuildings, a workshop, and an active sand and gravel pit offer genuine potential for entrepreneurial pursuits or simply enjoying the privacy of your land. I'm not sure if it's for you, but many buyers love the idea of leveraging the gravel pit for extra income, setting up a workshop, or exploring hobby farming. Located just 5 minutes from Sundridge, you get the best of both worlds: peaceful rural living with nearby shops, schools, and recreation. Outdoor enthusiasts will love the four-season playground, from hiking and fishing to snowmobiling and skiing. With modern comforts, income opportunities, and natural beauty, this property isn't just a place to live. It's a place to build the life you've been imagining.
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This detached home located at 692 Forest Lake Road, Joly is currently for sale and has been available on SousaSells for 282 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 4 beds, 4 bathrooms, and is 1100-1500 square feet. 692 Forest Lake Road, Joly is in the Joly neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Wooded/Treed, Rec./Commun.Centre
Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 692 Forest Lake Road, Joly, ON P0A 1Z0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Joly.
About Purchasing a Home in Joly, ON
For a property listed at $549,900 in Joly, the legal minimum down payment is $29,990 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 $7,473 for this transaction. As this listing is in Joly (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.
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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.