54 Cedar Drive, Hastings Highlands, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Herschel Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 120 x 632 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Fabulous Lakefront Home: This property sports a 3 bedroom 2 1/2 bath home on a beautifully landscaped 2.3 acre waterfront lot on beautiful Redmond Bay, just minutes from downtown Bancroft in a very private setting. This home features 3 bedrooms with a large 4 piece main bath and amazing ensuite and main floor laundry. The kitchen and dining room are open concept and the living room has a beautiful fireplace and fantastic views across the lake. You can also sit out on the large decks and enjoy the sunshine and views of the lake with a glass of wine. The large primary bedroom has a stand up propane fireplace to enjoy chilly evenings. The property has a 2 car fully insulated garage plumbed for propane heat and a large storage shed for your gardening tools. New roof in 2023 on house and new roof on garage in 2022. This is a Quality Engineered Home built in 2008 insulated to R24. Property has manicured grounds, natural shoreline and dock, fantastic for canoeing, kayaking and fishing. The unfinished basement is a blank canvas ready for you to complete. The list goes on and on. Come and have a look, you will not be disappointed!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 54 Cedar Drive, Hastings Highlands, ON K0L 1C0
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About Purchasing a Home in Hastings Highlands, ON
For a property listed at $899,900 in Hastings Highlands, the legal minimum down payment is $64,990 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 $14,473 for this transaction. As this listing is in Hastings Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,473.
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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.