1461 Rain Lake Road, Kearney, ON
Property no longer active
This property was sold on March 26, 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 Kearney. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 1320 x 3300 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: On Demand Water Heater
- Efficient other heating via propane
Description
Properties like this don't come along very often. Approximately 97 Acres abutting 1000's of acres of crown land with waterfront on 2 lakes and a year round home or cottage. This open concept kitchen, dining room and living room layout is great with lots of natural light, plenty of room and lovely water views from the new windows. There's also 3 bedrooms, a 3 piece bathroom, detached garage and a sugar shack. A new in November 2019 solar system powers the home with generator backup and there is propane heat as well as a warm and welcoming wood stove. Take in the untouched scenery of Little Peters Lake from the big deck and dock or walk over to Peter's Lake which is a larger Lake and offers more boating/fishing/swimming opportunities. Do not drive down the driveway or enter the property without scheduling a showing.
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Property Summary
This detached home located at 1461 Rain Lake Road, Kearney is currently for sale and has been available on SousaSells for 485 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 1461 Rain Lake Road, Kearney is in the Kearney neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 1461 Rain Lake Road, Kearney, ON P0A 1M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kearney, ON
For a property listed at $699,900 in Kearney, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.