2896 RIVER Road, Frontenac, ON

$184,000
MLS#:X9445529
0 beds
0 baths
Residential Freehold
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Property no longer active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 vacant land located in the coveted neighborhood of 53 - Frontenac North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $184,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 525.02 x 1346.04 ft lot size

Description

Discover your private oasis on this picturesque 15-acre wooded lot, perfectly situated along the tranquil shores of Mud Lake. Nestled amidst towering trees this property offers an unparalleled opportunity to build your dream home in a natural paradise. The lot boasts a flat and elevated building site at the front of the lot ensuring ease of construction and potential breathtaking water vistas as well as newly connected hydro.  Enjoy the convenience of paved road access and access to nearby amenities in Plevna and Ompah(10 minutes away) and Ardoch. Whether you envision a year-round residence or a seasonal getaway perfect for the nature lover who enjoys kayaking, canoeing, fishing or an ideal hunt camp. Don't miss your chance to own this captivating slice of heaven. Schedule your private tour today and start envisioning the possibilities!

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Property Summary

This vacant land located at 2896 RIVER Road, Frontenac is currently for sale and has been available on SousaSells for 754 days. This property is listed at $184,000 with an estimated mortgage of $612* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2896 RIVER Road, Frontenac is in the 53 - Frontenac North neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 19, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size525.02 × 1346.04
CountyFrontenac
Annual Tax$692
Legal DescriptionPT LT 27-29 CON 3 CLARENDON PT 5, 13R12257; NORTH FRONTENAC

Parking & Garage

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Features

Property Features

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Community Features

Location

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2896 RIVER Road, Frontenac, ON
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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 2896 RIVER Road, Frontenac, ON K0H 2J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Frontenac.

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Interest Rate4.00%
Down Payment$55,200 (30.0%)
* Minimum Canadian down payment required for this price is $9,200.
Amortization Period30 Years
Estimated Monthly Payment$612Based on a loan of $128,800 over 30 years.
Purchase Price$184,000
Loan Amount$128,800
Provincial Land Transfer Tax:$1,565
Total Estimated Closing Taxes:$1,565

About Purchasing a Home in Frontenac, ON

For a property listed at $184,000 in Frontenac, the legal minimum down payment is $9,200 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 $1,565 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 $1,565.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 53 - Frontenac North, Frontenac.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$581,867

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.