1138 RICHMOND Lane, Frontenac, ON
Property no longer active
This property was sold on October 28, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 45 - Frontenac Centre. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 120.3 x 283.21 ft lot
- 8.0 total parking spaces available with a convenient lane configuration
- Notable attributes: Suspended Ceilings
- Efficient baseboard heating via wood
Description
Welcome to your waterfront paradise at 1138 Richmond Lane, nestled on the shores of beautiful Long Lake in Parham. Imagine waking up to stunning waterfront views every morning, with the soothing sounds of the lake just steps away. This property is a haven for water enthusiasts, boasting direct access to pristine waters perfect for swimming, fishing, and all your favourite water sports. Whether you are relaxing on the dock, casting a line, or enjoying a sunset cruise, every day here promises new adventures. Schedule your private viewing today.
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Property Summary
This detached home located at 1138 RICHMOND Lane, Frontenac is currently for sale and has been available on SousaSells for 737 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 1138 RICHMOND Lane, Frontenac is in the 45 - Frontenac Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 1138 RICHMOND Lane, Frontenac, ON K0H 2V0
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 Frontenac, ON
For a property listed at $525,000 in Frontenac, the legal minimum down payment is $27,500 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 $6,975 for this transaction. As this listing is in Frontenac (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,975.
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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.