Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wollaston. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $924,999 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.
Thoughtfully updated, 3 Bedroom, 2 Bath, fully winterised, 4 Season Cottage with stunning views of Wollaston Lake. Whether swimming, paddling or boating from your 100' of clean, deep, private shore line or curled up next to the wood stove this lakeside home caters to all of your cottage country activities. Entertain guests in an open concept layout that offer views of the lake from the family room, kitchen, dining room and living room right out to the expansive deck. Featuring a dry boathouse to securely store all of your lakeside toys as well as a garage/workshop with a spacious loft above that is awaiting your imagination. When the day ends retreat to your luxurious primary suite, featuring a private ensuite with a spacious walk-in shower. Generac, automatic generator adds convenience and peace of mind for year round use. Hot Water Owned, Steel Roof (2024), HVAC Replaced 2021, Security Cameras, UpgradedOutdoor Lighting, Trex Decking on Permanent Portion of Dock.
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This detached home located at 398 Gilbert Bay Lane, Wollaston is currently for sale and has been available on SousaSells for 304 days. This property is listed at $924,999 with an estimated mortgage of $3,079* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 398 Gilbert Bay Lane, Wollaston is in the Wollaston neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Clear View, Campground, Lake/Pond, Waterfront
Carpet Free, Central Vacuum, Generator - Full, On Demand Water Heater, Water Heater Owned, Water Treatment, Water Softener, Primary Bedroom - Main Floor
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 398 Gilbert Bay Lane, Wollaston, ON K0L 1P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wollaston.
About Purchasing a Home in Wollaston, ON
For a property listed at $924,999 in Wollaston, the legal minimum down payment is $67,500 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 $14,975 for this transaction. As this listing is in Wollaston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,975.
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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.