52 Grierson Road, Kirkland Lake, ON

$154,000
MLS#:T9395203
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2024. 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 KL & Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $154,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 40 x 95 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater, Carpet Free
  • Efficient forced air heating via gas

Description

ADORABLE BRICK BUNGALOW located in the much sought-after Federal Area. This 803 Sq. Ft Bungalow would be an excellent home for first time home buyers or for those looking to down-size. It features: a spacious living room with two large windows for ample natural daylight, a kitchen, 4 PC bathroom with stacked laundry & 2 bedrooms with large closets. The mainly fenced-in backyard, deck & shed can be accessed by the side entrance or via a set of patio doors in one of the bedrooms / office. Some recent updates include: 2020 roof shingles, deck, shed, 2021 Gas Forced Air Furnace & the creation of a second parking space out front (which presently has a portable carport for those blustery rainy or snowy days. Short walk to Federal Public School & a large playground / park. With online virtual tour. Don't miss out on this well-maintained brick bungalow. ADDITIONAL INFO: (WATER / SEWER Taxes 2024: $227.81 Quarterly) (HEAT: $1,110.20 May 2023 - June 2024), (HYDRO: $939.79 May 1, 23 - May 21, 2024). The Crawl Space or Low Basement can be accessed from the Wooden Hatch on the back deck.

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Property Summary

This detached home located at 52 Grierson Road, Kirkland Lake is currently for sale and has been available on SousaSells for 640 days. This property is listed at $154,000 with an estimated mortgage of $513* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 52 Grierson Road, Kirkland Lake is in the KL & Area neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 6, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementCrawl Space
Lot Size40 × 95 Feet
CountyTimiskaming
Annual Tax$2,114.08
Legal DescriptionPCL 6265 SEC CST; LT 169 PL M109TIM TECK SRO EXCEPT PT 1 54R3557 S/T LT75605; KIRKLAND LAKE ; DISTRICT OF TIMISKAMING.

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Fenced Yard, Park, School Bus Route, School

Interior Features

Primary Bedroom - Main Floor, Water Heater, Carpet Free

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Virtual Tours

Location

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52 Grierson Road, Kirkland Lake, 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 52 Grierson Road, Kirkland Lake, ON P2N 1C9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$46,200 (30.0%)
* Minimum Canadian down payment required for this price is $7,700.
Amortization Period30 Years
Estimated Monthly Payment$513Based on a loan of $107,800 over 30 years.
Purchase Price$154,000
Loan Amount$107,800
Provincial Land Transfer Tax:$1,265
Total Estimated Closing Taxes:$1,265

About Purchasing a Home in Kirkland Lake, ON

For a property listed at $154,000 in Kirkland Lake, the legal minimum down payment is $7,700 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 $1,265 for this transaction. As this listing is in Kirkland Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,265.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for KL & Area, Kirkland Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$241,236

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.