134 CLAM LAKE Road, Kearney, ON

$585,000
MLS#:X10899587
3 beds
1 baths
< 700 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kearney. Expertly crafted featuring premium log construction, this residence presents an exceptional opportunity offered at $585,000 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 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 108 x 334.74 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Propane Tank, Water Heater Owned
  • Efficient forced air heating via propane

Description

SOLD FIRM, WAITING ON DEPOSIT. Welcome to your quaint and charming pan-abode home on almost an acre of land on a municipal year round road. Nestled on the picturesque shores of beautiful Clam Lake and just a short drive to Algonquin Park. With 108’ of shoreline, privacy is guaranteed, making this property a tranquil retreat. As you step inside the living room, you'll be greeted by a wall of windows that provide breathtaking views of the lake, filling the living space with loads of natural light. The cozy woodstove creates a warm and inviting ambiance, perfect for those chilly nights, while the propane forced air furnace ensures year-round comfort. The unfinished walk-out basement has an additional bedroom and offers excellent potential for customization, allowing you to create the perfect space to suit your needs. Durable steel roof will provide peace of mind for years to come. The large (16' x 11') dry boathouse at the water's edge would make an excellent bunkie enhancing your lakeside living experience. Additionally, the property features a large 24’ x 32’ garage/workshop (1999) with a heated loft above 20' x 32', providing ample space for overflow guests or a versatile work area. The only upgrade needed to transform this charming cottage into a four-season home is a heated water line or well. Clam Lake is renowned for its deep, clear waters and excellent fishing, making it a paradise for outdoor enthusiasts. This enchanting cottage offers a serene escape from the hustle and bustle of everyday life and is ready to be your perfect getaway.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionLog
BasementUnfinished, Full
Lot Size108 × 334.74 Feet
CountyParry Sound
Annual Tax$2,684.6
Legal DescriptionBETHUNE PLAN M87 PT LOT 5 PT LOT 6 RP PSR470 PART 7 PCL 13228 S/S

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Propane Tank, Water Heater Owned

Security Features

Community Features

Location

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134 CLAM LAKE Road, Kearney, 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 134 CLAM LAKE Road, Kearney, ON P0A 1J0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kearney.

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Interest Rate5.25%
Down Payment$33,500 (5.7%)
* Minimum Canadian down payment required for this price is $33,500.
Amortization Period25 Years
Estimated Monthly Payment$3,286Based on a loan of $551,500 over 25 years.
Purchase Price$585,000
Loan Amount$551,500
Provincial Land Transfer Tax:$8,175
Total Estimated Closing Taxes:$8,175

About Purchasing a Home in Kearney, ON

For a property listed at $585,000 in Kearney, the legal minimum down payment is $33,500 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 $8,175 for this transaction. As this listing is in Kearney (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,175.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$702,543

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.