1093 Grace River Road, Highlands East, ON
Property no longer active
This property was sold on April 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Monmouth. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $379,900 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: On Demand Water Heater, Countertop Range
- Efficient baseboard heating via electric
Description
This is it! Move-in ready! Fully furnished cottage sitting on a 0.62 acre lot, overlooking a river connecting Grace Lake and Dark Lake. Updated with modern finishes. Newer septic, well, windows, doors, siding, roof shingles, electric baseboards, wood stove, stackable washer and dryer, and more. Interior feels like an urban home. Plenty of privacy with ample space to entertain. Affordable option as a vacation home with great income potential for short-term rental. On-demand hot water and heated bathroom floors. Huge front deck overlooking the river and mature trees. Large front lawn with a fire pit area. Detached garage for storage or car. Long driveway that can easily fit 4 cars. Lake access and boat launch 500m from property. Year-round road access, usable in winter, and close to town for amenities (Foodland, LCBO, gas station, library, general store, curling club, skating arena, diner, Canada Post, and more). Great value for a cottage in this location! Truly turnkey and can't be missed!
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Property Summary
This detached home located at 1093 Grace River Road, Highlands East is currently for sale and has been available on SousaSells for 682 days. This property is listed at $379,900 with an estimated mortgage of $1,265* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1093 Grace River Road, Highlands East is in the Monmouth neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Access
Interior Features
On Demand Water Heater, Countertop Range
Security Features
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 1093 Grace River Road, Highlands East, ON K0L 3C0
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 $379,900 in Highlands East, the legal minimum down payment is $18,995 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 $4,174 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 $4,174.
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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.