369 Loon Lake Road, Kearney, ON
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 $1,250,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 119 x 264.42 ft lot
- Features a finished with walk-out 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: Sauna
- Efficient baseboard heating via electric
Description
Extremely well-built, fully winterized 2 x 6 construction home/cottage on a premium lot on Loon Lake with water access to Grass Lake. Located on a fully maintained municipal road, it is easily accessible year-round. Loon Lake is clean, clear and deep (100'). This impeccably maintained property boasts a fully renovated kitchen with SS appliances and quartz countertops, in addition to two fully renovated 3- and 4-piece bathrooms. In total, the residence offers 2336 sq ft of living space and can comfortably sleep 14. The upper level, which includes a large outdoor deck, offers two queen bedrooms and an open living/dining area with cathedral ceilings and a stone fireplace. Panoramic floor-to-ceiling windows offer stunning views of the lake and abundant natural light. A fully finished walk-out basement offers an additional living area, including one bathroom, a queen and king bedroom, 2 sets of bunks, a pull-out couch, a woodstove, a large sitting/TV area, washer/dryer and a second refrigerator/freezer. A large 16' x38' detached garage for storage. Other extras include a new firepit, seating area and walkway, a 10' x 10' woodshed with metal roof, a beautiful wood-burning sauna w/ change room at the water's edge and a 7500w Generac Generator and Gener Link system for seamless power back-up. This is a TURNKEY PROPERTY and includes all indoor and outdoor furnishings, an older fishing boat with 60hp and 7.5hp motors, a tin boat with a 10hp motor, and a canoe.*For Additional Property Details Click The Brochure Icon Below*
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Property Summary
This detached home located at 369 Loon Lake Road, Kearney is currently for sale and has been available on SousaSells for 58 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 369 Loon 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 369 Loon 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 $1,250,000 in Kearney, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.