Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $279,000 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.
Welcome to 6 Pine Crescent in Red Lake! This home has 3 bedrooms with a potential for a 4th, and two full bathrooms. The eat-in kitchen has plenty of storage, with bright white cabinets, and the living room has been updated with new flooring and has a large picture window letting in all the natural light. There are 2 good-sized bedrooms on the main floor, as well as a full bathroom. Downstairs, in the walk-out basement, is the third bedroom, another full bathroom, laundry area, and utilities, and there is also space for a fourth bedroom. Attached to the home is your dream garage. At almost 1000 sq feet, it's insulated and heated with natural gas, complete with sink, storage, and two overhead doors. The large paved driveway has ample parking space, and there is a deck off the back of the home. Book your private showing today!
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Data-driven valuation for 6 Pine Crescent, Red Lake, ON P0V 2M0
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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 $279,000 in Red Lake, the legal minimum down payment is $13,950 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 $2,660 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 $2,660.
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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.