553 BALSAM CHUTES Road, Huntsville, ON

$629,900
MLS#:X12136465
2 beds
1 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 10, 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 Stephenson. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $629,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 100.02 x 226 ft lot
  • 6.0 total parking spaces available
  • Notable attributes: Propane Tank, Water Heater Owned
  • Efficient other heating via propane

Description

Absolutely charming cottage on the Muskoka River in the lovely Balsam Chutes community, this idyllic retreat is set well back from the road, surrounded by ample level ground perfect for playing, picnicking, or gathering around the campfire under starlit skies. Nestled close to the water, this enchanting home offers 100 feet of pristine shoreline, where the gentle sound of the river lulls you into relaxation. Inside, the cottage has been beautifully renovated to provide all the comforts of home while maintaining its rustic charm. The open kitchen, living, and dining area, warmed by a cozy propane fireplace, invites family and friends to gather and create lasting memories. With 2 comfortable bedrooms and 1 full bathroom, this retreat ensures a restful and refreshing stay. Outdoors, the lovely waterfront beckons you to relive those nostalgic summer days spent swimming, boating, paddling, and fishing. As evening falls, the river becomes a shimmering backdrop to your tranquil nights. A delightful surprise on this property is the versatile storage container, which not only offers ample storage but has half converted into an adorable bunkie, perfect for hosting overflow guests. With the added convenience of fiber optic internet, this cottage is an ideal blend of rustic charm and modern amenities. Its prime location offers the best of both worlds, providing a serene escape while being just a short drive from the vibrant towns of Port Sydney, Bracebridge, and Huntsville, where you can enjoy all the amenities and attractions they have to offer. This Muskoka River cottage is a haven where the beauty of nature and the joy of simple pleasures combine to create unforgettable summer memories.

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Property Summary

This detached home located at 553 BALSAM CHUTES Road, Huntsville is currently for sale and has been available on SousaSells for 435 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 553 BALSAM CHUTES Road, Huntsville is in the Stephenson neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 10, 2025
Sold price information is available to members only
Listed Date5/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size100.02 × 226 Feet
CountyMuskoka
Annual Tax$1,601.37
Legal DescriptionPCL 23519 SEC MUSKOKA; LT 9 PL M470 STEPHENSON; HUNTSVILLE ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingNone

Features

Property Features

Waterfront

Interior Features

Propane Tank, Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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553 BALSAM CHUTES Road, Huntsville, 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 553 BALSAM CHUTES Road, Huntsville, ON P0B 1L0

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 Huntsville.

Configure Loan Settings

Interest Rate4.00%
Down Payment$188,970 (30.0%)
* Minimum Canadian down payment required for this price is $37,990.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $440,930 over 30 years.
Purchase Price$629,900
Loan Amount$440,930
Provincial Land Transfer Tax:$9,073
Total Estimated Closing Taxes:$9,073

About Purchasing a Home in Huntsville, ON

For a property listed at $629,900 in Huntsville, the legal minimum down payment is $37,990 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 $9,073 for this transaction. As this listing is in Huntsville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stephenson, Huntsville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,261

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

Huntsville
Public58 Brunel Road, Huntsville, Ontario, P1H 2A2
6.7
Spruce Glen
Public550 Muskoka Road 3, Huntsville, Ontario, P1H 1C9
6.3
Riverside
Public755 Brunel Road, Huntsville, Ontario, P1H 1Z3
5.7
Pine Glen
Public126 West Road, Huntsville, Ontario, P1H 1M5
4.7
Saint Mary's
Public36 Silverwood Drive, Huntsville, Ontario, P1H 1N1
3.7

Secondary Schools

Huntsville
Public58 Brunel Road, Huntsville, Ontario, P1H 2A2
6.4

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.