398 Gilbert Bay Lane, Wollaston, ON
Property Highlights
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 $895,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 100 x 184 ft lot
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Central Vacuum, Generator - Full
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Arrive and immediately take in some of the best views on Wollaston Lake-this is a property that wows from the moment you enter. Thoughtfully updated and fully winterized, this 3-bedroom, 2-bath cottage is designed for true four-season living, offering a seamless blend of comfort, function, and unforgettable lakefront lifestyle.Start your mornings with coffee overlooking the water, spend summer days swimming in deep, crystal-clear water from 100 feet of private shoreline, and wind down evenings beside the wood stove in the cozy family room. The open-concept kitchen, dining, and living areas flow effortlessly onto an expansive deck-perfect for entertaining, sunsets, and long weekends with friends and family.A dry boathouse keeps your waterfront toys protected, while the garage/workshop with a spacious loft above opens the door to endless possibilities-games room, studio, hobby space, home office and more.When the day ends, retreat to the luxurious primary suite with a private ensuite and generous walk-in shower. A Generac automatic backup generator provides peace of mind and convenience, making this a true year-round escape where every season has its own magic.
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Property Summary
This detached home located at 398 Gilbert Bay Lane, Wollaston is currently for sale and has been available on SousaSells for 175 days. This property is listed at $895,000 with an estimated mortgage of $2,979* 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.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Campground, Clear View, Lake/Pond, Waterfront
Interior Features
Carpet Free, Central Vacuum, Generator - Full, On Demand Water Heater, Water Heater Owned, Water Softener, Water Treatment
Security Features
Alarm System, Carbon Monoxide Detectors
Community 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 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.
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About Purchasing a Home in Wollaston, ON
For a property listed at $895,000 in Wollaston, the legal minimum down payment is $64,500 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 $14,375 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 $14,375.
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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.