481 FIRST Avenue, Petrolia, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Petrolia. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,199,999 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 82 x 152 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage, Sump Pump, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spectacular Bungalow Backing Onto Kingswell Glen Golf Course. Welcome to 481 First Avenueset on over a quarter-acre this property is an exceptional, light-filled Dream Home situated on one of Petrolia's most desirable streets. This expansive bungalow offers a seamless open-concept layout, perfect for both everyday living and entertaining. Boasting 5 spacious bedrooms and 3 full bathrooms, this thoughtfully designed home features high ceilings, granite countertops, a large kitchen island, built-in media speakers throughout and a stunning great room with fireplace overlooking the backyard oasis. The oversized windows flood the interior with natural light, enhancing the warm and inviting atmosphere. Heading downstairs you'll be invited to cozy up by the second fireplace or fix yourself a drink by the built-in wet bar. The basement also provides two large storage room and cold-room. Stepping outside you'll have no difficulty enjoy summer days around the resort-style inground pool framed by the sprawling patio and graced by the beautiful pool house with covered seating area. Located in the charming town of Petrolia, this home is nestled in a family-friendly neighbourhood, close to parks, schools, and all amenities. Don't miss your chance to own. Awaiting the next loving family to call it home.
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Golf
- School
- Fenced Yard
Interior Features
- Storage
- Sump Pump
- On Demand Water Heater
- Central Vacuum
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 481 FIRST Avenue, Petrolia, ON
Q.What is the asking price for 481 FIRST Avenue, Petrolia, ON ?
The current listing price for 481 FIRST Avenue, Petrolia, ON in Petrolia, Petrolia is $1,199,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 481 FIRST Avenue, Petrolia, ON ?
481 FIRST Avenue, Petrolia, ON is a Detached (Bungalow) featuring a Finished, Full basement.
Q.What key property features does 481 FIRST Avenue, Petrolia, ON offer?
Key property features include: Golf, School, Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: Storage, Sump Pump, On Demand Water Heater, Central Vacuum.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 481 FIRST Avenue, Petrolia, ON N0N 1R0
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 Petrolia, ON
For a property listed at $1,199,999 in Petrolia, the legal minimum down payment is $240,000 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 $20,475 for this transaction. As this listing is in Petrolia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,475.
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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.