1009 Summerville Road, Highlands East, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Glamorgan. Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $499,000 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 203 x 217 ft lot
- Features a finished with walk-out, separate entrance, crawl space, half basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free, Guest Accommodations
- Efficient forced air heating via propane
Description
Turnkey multi-generational home or income-generating investment in cottage country! This extensively updated 3-bedroom bungalow sits on a private 1.03-acre lot and features a fully finished walkout lower-level guest suite (2022)-perfect for rental income or a private guest retreat. Fully optimized for total peace of mind with zero upcoming projects, the property boasts a new roof (2024), new siding (2023), new windows, and a brand-new WETT-certified wood stove (2026).The functional layout offers a bright 2-bedroom main floor plus a home office, flowing down to a lower suite with a 3rd bedroom, 2nd washroom, and premium sound-dampening insulation for total privacy. Outside, tiered grounds overlook a scenic ravine and seasonal pond, featuring extensive covered decks (2023), a wood-burning barrel sauna, and a separate wood cabin. Built for year-round reliability, the mechanicals include an updated panel and a General Link hook up for eventual backup power Generator . Bonus: Located on a priority school bus route ensuring superior winter snow clearing. There is nothing left to do here. Buyer to verify all use of the property. Just turn the key and let it pay for itself.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Backlot, School Bus Route
Interior Features
Accessory Apartment, Carpet Free, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned
Security Features
Monitored, Carbon Monoxide Detectors, Smoke Detector
Community Features
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 1009 Summerville Road, Highlands East, ON K0M 1R0
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 Highlands East, ON
For a property listed at $499,000 in Highlands East, the legal minimum down payment is $24,950 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 $6,455 for this transaction. As this listing is in Highlands East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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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.