127 Paradise Road, South Algonquin, ON

$699,999
MLS#:X9380007
4 beds
2 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Algonquin. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,999 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 269.81 x 151.21 ft lot size
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Floor Drain, Sump Pump, Water Heater
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Come discover paradise at 127 Paradise Rd - A Rare Gem Near Algonquin Park! This stunning new home is situated in the heart of Whitney, just minutes from the renowned Algonquin Park Eastgate entrance, known for its lush trails, pristine lakes, and world-class camping grounds. Whether youre a nature lover, adventure seeker, or looking for a peaceful retreat from the citys hustle, this property offers the best of all worlds.This thoughtfully designed and beautifully decorated home sits on a double lot, providing ample space, privacy, and additional income potential. The second lot is currently vacant where you can explore the option of adding a short-term rental dwelling for extra income, or rent out both lots for maximum returns. With Galeairy Lake just minutes away, youll have access to a 2000-acre lake perfect for boating, swimming, and exploring. This turnkey property can be purchased fully furnished and offers tremendous Airbnb potential. The open-concept layout is bathed in natural light, with skylights in every bedroom allowing you to stargaze before drifting off to sleep. A large, secluded deck overlooks the lush forest and exposed Canadian Shield, perfect for meditation, yoga, or simply unwinding in nature. The expansive porch provides the ideal space for family gatherings, late nights in the hot tub, or a summer BBQ.Whitney is a year-round outdoor playground, renowned for hunting, hiking, canoeing, cross-country skiing, ATV, and snowmobiling. Whether youre looking for an investment property, a peaceful retreat, or a family getaway, 127 Paradise Rd. is a rare find in this highly desirable area and one of Ontarios most beautiful regions.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date10/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull
Lot Size269.81 × 151.21 Feet
CountyNipissing
Annual Tax$376.38
Legal DescriptionPCL 15215 SEC NIP; PT LT 7 CON 5 AIRY; PT LT 8 CON 5 AIRY AS IN LT49162 EXCEPT LT85014; SOUTH ALGONQUIN ; DISTRICT OF NIPISSING

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Floor Drain, Sump Pump, Water Heater, Water Heater Owned

Security Features

Community Features

Location

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127 Paradise Road, South Algonquin, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 127 Paradise Road, South Algonquin, ON K0J 2M0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Algonquin.

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Interest Rate5.25%
Down Payment$45,000 (6.4%)
* Minimum Canadian down payment required for this price is $45,000.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $654,999 over 25 years.
Purchase Price$699,999
Loan Amount$654,999
Provincial Land Transfer Tax:$10,475
Total Estimated Closing Taxes:$10,475

About Purchasing a Home in South Algonquin, ON

For a property listed at $699,999 in South Algonquin, the legal minimum down payment is $45,000 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 $10,475 for this transaction. As this listing is in South Algonquin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,475.

Nearby Listings

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No current listings found in South Algonquin.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Algonquin, South Algonquin.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$447,653

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.