1251 ESSONVILLE Line, Highlands East, ON

$980,000
MLS#:X10896200
3 beds
2 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Monmouth. Expertly crafted featuring premium log construction, this residence presents an exceptional opportunity offered at $980,000 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 1500-2000 sqft on a spacious lot (Acres)
  • Features a walk-out, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Softener
  • Efficient other heating via oil

Description

Discover the perfect blend of country charm and modern elegance in this custom-built round log home, situated on an expansive 92-acre property. Offering approximately 2000 square feet of finished living space, this unique residence is full of potential and awaits your personal touch. The home features 3 spacious bedrooms and 2 well-appointed bathrooms, providing ample room for family and guests. The large kitchen, ideal for culinary adventures, opens up to a wrap-around covered porch where you can enjoy the peaceful surroundings. Convenience is key with main floor laundry and an unfinished walkout basement ready to be transformed into the space of your dreams. Outside, the property is equally impressive. A detached double car insulated garage offers secure parking, while a substantial 5 bay drive shed (30x80) with high ceilings provides extensive storage or workshop space. The beautiful hardwood forest on the property offers potential for severance off the side road, making it an excellent investment opportunity. Additionally, a charming 684 square foot pond-side bunkie features 2 bedrooms, a loft, and a kitchenette, perfect for guests. Enjoy the natural beauty of the surrounding area with close proximity to Esson Lake and the public boat launch, and take advantage of the nearby village of Wilberforce, just a 5-minute drive away, offering groceries, restaurants, a recreation center, and more. This property is a rare find, offering a unique combination of rustic charm and modern amenities. Embrace the tranquility of country living while still being close to essential conveniences.

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Property Summary

This detached home located at 1251 ESSONVILLE Line, Highlands East is currently for sale and has been available on SousaSells for 748 days. This property is listed at $980,000 with an estimated mortgage of $3,262* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 1251 ESSONVILLE Line, Highlands East is in the Monmouth neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

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

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionLog
BasementWalk-Out, Unfinished
CountyHaliburton
Annual Tax$3,730.16
Legal DescriptionPT LT 19 CON 15 MONMOUTH AS IN H78117 & H106371 W OF TRAVELLED RD EXCEPT PT 9, 11,19 19R266 & PT 1 19R3190; HIGHLANDS EAST

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceOil
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

Location

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1251 ESSONVILLE Line, Highlands East, 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 1251 ESSONVILLE Line, Highlands East, ON K0L 2Y0

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 Highlands East.

Configure Loan Settings

Interest Rate4.00%
Down Payment$294,000 (30.0%)
* Minimum Canadian down payment required for this price is $73,000.
Amortization Period30 Years
Estimated Monthly Payment$3,262Based on a loan of $686,000 over 30 years.
Purchase Price$980,000
Loan Amount$686,000
Provincial Land Transfer Tax:$16,075
Total Estimated Closing Taxes:$16,075

About Purchasing a Home in Highlands East, ON

For a property listed at $980,000 in Highlands East, the legal minimum down payment is $73,000 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 $16,075 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 $16,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Monmouth, Highlands East.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$509,126

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.