3840 518 Highway, McMurrich/Monteith, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of McMurrich. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $189,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 582.87 x 491.7 ft lot size
Description
5+ acres of absolute privacy. Year round road access. A proper well built driveway is in. It takes you into the property and well off the road. Seguin Recreational Trail is at the end of the driveway. You are ready for a weekend of riding. Forested with mature trees and partially cleared for a more permanent residence. Hydro is on the property. Internet accessibility available. 25 minute drive/ride to Huntsville, 40 minute drive/ride to Parry Sound. 5 minute drive/ride to the village of Sprucedale for groceries and gas. Crown land is everywhere around. Boat launch on Bear Lake is only 5 minutes away. Middle of nowhere and yet close to everything. A step up from camping and the next step to something more permanent and long term. The great outdoors for you and your family happens here. Note: property also includes P.I.N. #521690460 Existing bunkies are for sale separately and are being removed from the property as per municipal by-law.
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Pricing & Value Insights
Data-driven valuation for 3840 518 Highway, McMurrich/Monteith, ON P0A 1Y0
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About Purchasing a Home in McMurrich/Monteith, ON
For a property listed at $189,900 in McMurrich/Monteith, the legal minimum down payment is $9,495 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 $1,624 for this transaction. As this listing is in McMurrich/Monteith (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,624.
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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.