2418 SIMPSON PIT Road, Killaloe, Hagarty and Richards, ON

$149,900
MLS#:X9437853
1 beds
0 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 571 - Killaloe/Round Lake. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $149,900 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.

  • 1 Bedroom and 0 Bathrooms
  • Premium 62.34 x 208.63 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Efficient heating via wood

Description

Affordable investment property steps to public access on Round Lake! Nestled on 1/4 acre with a green space behind, this home is a blank canvas for a savvy and handy investor or first time buyer with some skills and a vision. There is no wiring or plumbing. A Drilled Well (1978 as per well record) Septic (1998 as per septic permit) are in place. Septic was never connected, was pre-inspected before listing. The home does not have wiring, but was previously trenched from the pole. The home as been finished with creative rustic wood accents & invokes a 'cabin' feel! Heated by a wood burning cookstove (as is) & offering an open concept on the main floor w/ room for your own vision. Breathtaking handmade spiral hardwood stairs lead up to a loft bedroom where you will find a handmade log bed. Unfinished basement, 1/2 poured, 1/2 block footings, and dirt floor. The exterior has been painstakingly landscaped with charming drystacked fieldstone fences and pathways. 48 hr irrev on all offers., Flooring: Hardwood

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Property Summary

This detached home located at 2418 SIMPSON PIT Road, Killaloe, Hagarty and Richards is currently for sale and has been available on SousaSells for 751 days. This property is listed at $149,900 with an estimated mortgage of $499* per month. It has 1 bed, 0 bathrooms, and is unknown square feet. 2418 SIMPSON PIT Road, Killaloe, Hagarty and Richards is in the 571 - Killaloe/Round Lake neighborhood.

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

Key Features

Bedrooms
1
0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionWood
BasementFull, Unfinished
Lot Size62.34 × 208.63
CountyRenfrew
Annual Tax$653
Legal DescriptionPT LT 20 CON 13 HAGARTY ; PT 1, 49R18112; S/T HA4221 HAGARTY & RICHARDS TOWNSHIP OF KILLALOE, HAGARTY AND RICHARDS

Parking & Garage

Parking Spaces4.0
Garage TypeDetached

Heating & Cooling

Heat SourceWood
CoolingNone

Features

Property Features

Park, School Bus Route, Wooded/Treed

Interior Features

Security Features

Community Features

Location

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2418 SIMPSON PIT Road, Killaloe, Hagarty and Richards, 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 2418 SIMPSON PIT Road, Killaloe, Hagarty and Richards, ON K0J 2J0

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 Killaloe, Hagarty and Richards.

Configure Loan Settings

Interest Rate4.00%
Down Payment$44,970 (30.0%)
* Minimum Canadian down payment required for this price is $7,495.
Amortization Period30 Years
Estimated Monthly Payment$499Based on a loan of $104,930 over 30 years.
Purchase Price$149,900
Loan Amount$104,930
Provincial Land Transfer Tax:$1,224
Total Estimated Closing Taxes:$1,224

About Purchasing a Home in Killaloe, Hagarty and Richards, ON

For a property listed at $149,900 in Killaloe, Hagarty and Richards, the legal minimum down payment is $7,495 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 $1,224 for this transaction. As this listing is in Killaloe, Hagarty and Richards (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,224.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Killaloe, Hagarty and Richards.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$450,926

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.