16517 Black River Road, South Stormont, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 716 - South Stormont (Cornwall) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $85,000 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.
- 1 Bedroom and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 144.44 x 452 ft lot
- 4.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via other
Description
This 0.78-acre triangular-shaped lot is located near Harrisons Corners and offers potential for someone looking to build a rustic cabin or future home on a treed lot. The property includes an abandoned house, which may be suitable for conversion into a cabin; however, the Seller makes no representation regarding its habitability. There is a drilled well and a septic system on the property, but their condition and functionality are unknown. The lot abuts an old railway line that is no longer in use. Power has been disconnected from the property. Traditional financing may be an option. Buyer to inquire with their lender. Property is being sold "As is, Where is".
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Property Summary
This detached home located at 16517 Black River Road, South Stormont is currently for sale and has been available on SousaSells for 388 days. This property is listed at $85,000 with an estimated mortgage of $283* per month. It has 1 bed, 0 bathrooms, and is < 700 square feet. 16517 Black River Road, South Stormont is in the 716 - South Stormont (Cornwall) Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Wooded/Treed
Interior Features
None
Security Features
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Location
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 16517 Black River Road, South Stormont, ON K0C 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 South Stormont, ON
For a property listed at $85,000 in South Stormont, the legal minimum down payment is $4,250 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 $575 for this transaction. As this listing is in South Stormont (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $575.
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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.