Welcome to this remarkable Bungalow vacant land located in the coveted neighborhood of Stisted. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $62,500 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.
Opportunity Knocks on Old Novar Road. This estate property is being offered as is, where is, with all buildings and contents included. Set on a lovely rural country lot with approximately 1,300 feet of frontage on Old Novar Road, the land itself is a standout feature. The property is mainly level, well-treed with a mix of hardwood and evergreen, and offers generous clearings that create flexibility for future use. The setting provides privacy, space, and excellent exposure along the road. The existing improvements include a 3-bedroom bungalow with full concrete block basement and forced air oil heat. The home is currently in a significant state of disrepair and will require substantial renovation or redevelopment. An oversized insulated double garage with 100-amp service panel offers solid utility and potential value. An oil space heater was previously used to heat the garage. There are two additional outbuildings containing equipment, materials and assorted contents. The property also contains non-operational vehicles, RVs, snowmobiles, a tractor, and various equipment in various states of disrepair. Extensive clean-up will be required. The estate has priced the property to reflect the condition of the home, outbuildings, contents and required remediation. No representations or warranties are made. All showings MUST be accompanied by a registered real estate representative. No trespassing. For buyers seeking a project in a desirable rural location with substantial road frontage and a strong land component, this property presents a clear value-add opportunity.
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Data-driven valuation for 75 Old Novar Road, Huntsville, ON P1H 2J2
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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Huntsville.
About Purchasing a Home in Huntsville, ON
For a property listed at $62,500 in Huntsville, the legal minimum down payment is $3,125 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 $350 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 $350.
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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.