11992 Concession 1 Road, Wainfleet, ON
Property Highlights
Welcome to this remarkable Bungalow triplex located in the coveted neighborhood of 879 - Marshville/Winger. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 5 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 312 x 392 ft lot
- Features a crawl space, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to 11992 Concession 1 Road, set on 2.8 sprawling acres in the heart of Wainfleet, this unique triplex offers exceptional income potential or a multi-generational living opportunity in a peaceful, private country setting. Spanning 2,836 square feet, the property features three self-contained units: two spacious 2-bedroom suites and one comfortable 1-bedroom suite - ideal for extended family living, rental income, or a live-in/rent-out arrangement. Each unit offers its own layout and privacy, making this a rare and versatile find. Outside, the expansive grounds are perfect for those who love the great outdoors and wide open spaces, hobbies, and outdoor living. A detached heated/cooled 2-car garage provides ample parking and storage, while a charming greenhouse invites the gardener in you to grow year-round. Additional storage sheds and a tiny barn offer even more room for tools, equipment, or hobby farming, and a tree fort that adds a touch of magic for kids or the young at heart. Whether you're an investor seeking multi-unit income, a large family wanting room to spread out, or someone dreaming of country living, this Wainfleet property delivers a rare combination of space, flexibility, and rural tranquility - all within easy reach of local amenities. Don't miss this one-of-a-kind opportunity to own a slice of country living with income potential built right in.
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Pricing & Value Insights
Data-driven valuation for 11992 Concession 1 Road, Wainfleet, ON L0S 1V0
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About Purchasing a Home in Wainfleet, ON
For a property listed at $699,900 in Wainfleet, the legal minimum down payment is $44,990 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 $10,473 for this transaction. As this listing is in Wainfleet (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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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.