Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cardiff Ward. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,389,000 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.
Your oasis of dreams awaits your arrival. A hot tub for those star gazing nights, a huge shop for those many projects to complete or invent. A network of trails to hike, atv, snowmobile or even horseback ride. The trees not only allow for the recreational aspects but many maples invite syrup harvesting in the spring. A babbling brook flows through the property and is populated with brook trout for those awesome morning breakfasts. You can hike or atv back to the clearing on the hill where at night you can see the moon or gaze at the heavens above. The 197 acre land houses many wildlife species including white tail deer, moose, ruffed grouse, wild turkey, rabbits, and those other animals who make the forest their home. Firewood abounds throughout and there is opportunity for marketable timber. A main floor of extravaganza to dine or entertain distinguished guests and a downstairs of leisure and fun. A wine cellar is tucked away under the stairs for those special nights or occasions. Privacy like no other and still within minutes to the amenities the village of Bancroft beholds. Three garage spaces to house your toys or keep your special auto in the new 60x40 garage including 16ft ceilings, from the elements. The garage located left to the house encompasses a bunkie to keep your special guests comfy and warm. Also equipped with propane Generac generator, air conditioning by two heat pumps, and outdoor wood fired boiler to keep you acclimatized no matter the outside weather. This property has the ultimate of enjoyment for the activities that few get to realize. There are numerous maple trees ideal for a syrup opperation or just for personal use and enjoyment.
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River/Stream, Rolling, School Bus Route, Wooded/Treed, Level, Part Cleared
Auto Garage Door Remote, Central Vacuum, Generator - Full, Guest Accommodations, Propane Tank, Storage, Water Heater, Water Heater Owned, Workbench
Carbon Monoxide Detectors, Smoke Detector, Monitored
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5490 Loop Road, Highlands East, ON K0L 2A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Highlands East.
About Purchasing a Home in Highlands East, ON
For a property listed at $1,389,000 in Highlands East, the legal minimum down payment is $277,800 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 $24,255 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 $24,255.
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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.