250 SOUTH SHORE Road, The Archipelago, ON

$5,290,000
MLS#:X10436617
6 beds
4 baths
3000-3500 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Archipelago North. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $5,290,000 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.

  • 6 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3000-3500 sqft
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Imagine hosting ALL your friends and family on a 3000sqft outdoor tiered natural granite patio complete with a state of the art 2 slip boathouse, cabana with 2 pc bath, hot tub, and firepit area amongst 744 ft of shoreline on Georgian Bay! As night approaches, guests can meander into the Muskoka Room which boasts Weatherwall windows (designed for year-round use) and enjoy the aroma of the wood burning fireplace. Sounds delightful, doesn’t it? This luxurious 3100 sqft year-round cottage has it all. From the moment you enter the gated driveway you feel a sense of “awe”. The lot itself offers ample privacy as it’s well treed between neighbors, the double deep garage can hold up to 4 cars or let’s face it all your “toys”, and at the very back of the lot there is another dock and launch for any overflow boats/boat trailers. Have kids? There is an abundance of level, grassy, spots for them to play! Upon entry of this 6-bed, 4-bath, cottage the 10ft ceiling height throughout provides an open, airy, spacious feeling and all the bedrooms are equipped with vaulted ceilings. Your eyes will be drawn to the reclaimed pine floors, exquisite granite countertops throughout & extra-large island. The kitchen lacks no expense spared with commercial grade double fridge/freezer and Bosch appliances. Toes with be toasty all winter long as floors are heated, and hot water is on demand! From multiple exposures (N,S,E,W) and all-day sun, this easy access cottage checks all the boxes. Close to the HWY, within 2 hrs from Toronto, and amenities like groceries, LCBO and fuel are close by.

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Property Summary

This detached home located at 250 SOUTH SHORE Road, The Archipelago is currently for sale and has been available on SousaSells for 688 days. This property is listed at $5,290,000 with an estimated mortgage of $17,608* per month. It has 6 beds, 4 bathrooms, and is 3000-3500 square feet. 250 SOUTH SHORE Road, The Archipelago is in the Archipelago North neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date8/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood , Stone
BasementUnfinished, Crawl Space
CountyParry Sound
Annual Tax$11,252.56
Legal DescriptionPART OF LOT 30 CONCESSION 4 HARRISON; PART 66 FT SHORE ROAD ALLOWANCE IN FRONT OF LOT 30 CONCESSION 4 HARRISON DESIGNATED AS PARTS 1 & 2, 42R-9130; PART OF THE ROAD ALLOWANCE BETWEEN LOTS 30 & 31 CONCESSION 4 ... Please see Sched C for full legals

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Security Features

Other, Alarm System, Security System

Community Features

Location

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250 SOUTH SHORE Road, The Archipelago, 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 250 SOUTH SHORE Road, The Archipelago, ON P0G 1K0

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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$1,587,000 (30.0%)
* Minimum Canadian down payment required for this price is $1,058,000.
Amortization Period30 Years
Estimated Monthly Payment$17,608Based on a loan of $3,703,000 over 30 years.
Purchase Price$5,290,000
Loan Amount$3,703,000
Provincial Land Transfer Tax:$118,725
Total Estimated Closing Taxes:$118,725

About Purchasing a Home in The Archipelago, ON

For a property listed at $5,290,000 in The Archipelago, the legal minimum down payment is $1,058,000 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 $118,725 for this transaction. As this listing is in The Archipelago (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $118,725.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Archipelago North, The Archipelago.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,384,092

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.