220 MORRISON RD, Lake of the Woods, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Morson. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $99,900 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling
Description
The saying goes, "They don't make any more dirt"!!!!! Here's your opportunity to own your own piece of waterfront land in Morson, Lake of The Woods!! Beautiful location for this .8 of an acre parcel with 326 feet of waterfront, very secluded spot with a boat launch only minutes away. Property has boat access from it onto Big Grassy River which is a few minute boat ride to the lake. Majority of property stakes are visible with the new owner needing to have a driveway installed for future access. The sunsets you would have with its Western exposure, Priceless! Go for a drive and check it out.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 220 MORRISON RD, Lake of the Woods, ON P0W 1J0
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About Purchasing a Home in Lake of the Woods, ON
For a property listed at $99,900 in Lake of the Woods, the legal minimum down payment is $4,995 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 $724 for this transaction. As this listing is in Lake of the Woods (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $724.
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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.