Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lakeshore. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,600,000 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.
For more info on this property, please click the Brochure button. A rare and extraordinary property combining a unique location on a nearly 17,028 square foot, pie shaped lot in the heart of Tecumseh. This captivating full brick property spans 4244 square feet, boasting 4 generous bedrooms on the upper level, complemented by 1 additional room on the upper level, and 2 full bathrooms on the upper level, 1 piece bathroom on the main level and 1 piece bathroom in the basement with a finished basement. Step inside to a welcoming ambiance, where a spacious family room with a natural fireplace and home office adorned with hardwood and ceramic tile flooring & Armstrong Zone System. Furnace/AC/HRV/Humidifier are all new installed as of 2019. The gourmet kitchen is a culinary haven, featuring granite countertops, custom cabinetry offering ample storage, and high-end stainless steel appliances. Outside, the resort like space features a full brick and flagstone upper patio with a built-in barbeque, pool, a fully bricked pool house that is fully insulated, heated and air conditioned that is approximately 400 square feet and a shed that is approximately 160 square feet. The pool liner is approximately 4 years old with a heater/pump that is about 5 years old. The outside is an extremely backyard sanctuary with neighbours not in site, ideal for hosting gatherings. gym and wine cellar located in the basement, electric fireplace on the pool deck; New roof installed in 2016 with 45 year shingles; Gas fireplace in a sitting area on the main level and natural fireplace in the family room; Storm and sanitary both have back flow preventers; Hot water tank is owned and new installed as of 2018; All new Anderson windows installed in 2018; Automatic sprinkler system; Driveway replaced in 2016; Fiber and MNSI available to the house!
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This detached home located at 541 Kerr Crescent, Lakeshore is currently for sale and has been available on SousaSells for 493 days. This property is listed at $1,600,000 with an estimated mortgage of $5,326* per month. It has 4 beds, 4 bathrooms, and is 3500-5000 square feet. 541 Kerr Crescent, Lakeshore is in the Lakeshore neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Cul de Sac/Dead End, Fenced Yard
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Data-driven valuation for 541 Kerr Crescent, Lakeshore, ON N0R 1A0
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 Lakeshore.
About Purchasing a Home in Lakeshore, ON
For a property listed at $1,600,000 in Lakeshore, the legal minimum down payment is $320,000 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 $28,475 for this transaction. As this listing is in Lakeshore (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,475.
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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.