Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $414,900 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.
Welcome to 17 Kenora Road in Red Lake. This well-maintained home features an open-concept layout with an updated interior, offering comfortable and functional living space for the whole family. The main floor includes 3 bedrooms, 2 bathrooms, convenient main-floor laundry, and a spacious primary bedroom complete with a walk-in closet and ensuite bath. Natural gas forced-air heating, central air conditioning, and a wood fireplace provide year-round comfort. The finished basement offers a large rec room, bonus space, and a sizable utility room for additional living, storage, or hobby space. Outside, enjoy a fenced backyard with a shed and a generous corner lot. All major appliances are included, making this home move-in ready. Book your viewing today!
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Data-driven valuation for 17 Kenora Road, Red Lake, ON P0V 2M0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Red Lake.
About Purchasing a Home in Red Lake, ON
For a property listed at $414,900 in Red Lake, the legal minimum down payment is $20,745 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 $4,773 for this transaction. As this listing is in Red Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,773.
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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.