15 RACE Terrace, Front of Yonge, ON
Property no longer active
This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 822 - Front of Yonge Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $359,000 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 0 Bathrooms
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
- Features a crawl space, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient public configuration
- Efficient heating via other
Description
Flooring: Other (See Remarks), Unique opportunity on gorgeous Graham Lake. Over 36 acres of land on Graham Lake, including your very own island! Main property has frontage on CR 5 and stretches down to the lake, with two frontages on the water. The first stretch is approx. 215 feet and has an older 1.5 storey cottage in need of major repair or tear down. Drilled well and septic system installed but not hooked up, natural sand beach and gorgeous sloping lot perfect for building your dream home. The second stretch of frontage on the lake is largely untouched, nicely wooded with some trees recently cleared with over 235 feet of clean waterfront and a very private location. There's more! Included in the listing is "Rock Island", the only island on the lake - boasting gorgeous rocky outcrops and clean deep water for swimming adventures, just a short paddle from the mainland property. No conveyance of any written signed offers prior to noon on Friday September 20, 2024. No bully or pre-emptive offers considered.
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Property Summary
This detached home located at 15 RACE Terrace, Front of Yonge is currently for sale and has been available on SousaSells for 672 days. This property is listed at $359,000 with an estimated mortgage of $1,195* per month. It has 3 beds, 0 bathrooms, and is unknown square feet. 15 RACE Terrace, Front of Yonge is in the 822 - Front of Yonge 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
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Features
Property Features
Golf, Beach, Wooded/Treed, Waterfront, Island, Waterfront
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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 15 RACE Terrace, Front of Yonge, ON K0E 1B0
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 Front of Yonge, ON
For a property listed at $359,000 in Front of Yonge, the legal minimum down payment is $17,950 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 $3,860 for this transaction. As this listing is in Front of Yonge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,860.
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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.