7431 Hwy 621, Lake of the Woods, ON

$439,900
MLS#:X13520808
3 beds
3 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Morson. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $439,900 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 3 Bathrooms
  • Spacious lot size measured in Feet
  • Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient other garage included
  • Notable attributes: Water Purifier, Water Softener, Built-In Oven
  • equipped with other central cooling and highly efficient heating via propane

Description

New Listing: Welcome home to this stunning approximately 2,600 sq. ft. custom-built 3-bedroom home, thoughtfully designed for comfortable family living and effortless entertaining. From the moment you step inside, you'll be greeted by a huge, welcoming foyer featuring a beautiful custom staircase that leads to the spectacular second-floor main living area. Here you'll find an expansive, open-concept kitchen, dining, and living room filled with natural light, creating the perfect gathering space for family and friends.The chef's dream kitchen is sure to impress with its custom double refrigerator/freezer, abundant prep space, and functional layout that makes cooking and entertaining a pleasure. Retreat to the spacious primary bedroom suite, complete with a luxurious 5-piece ensuite featuring a massive double shower, two-person jetted tub, dual sinks, and plenty of room to unwind after a long day. The main floor offers a large family room with walkout access to the expansive backyard, along with two additional generously sized bedrooms, a full bathroom, and a spacious laundry and utility room. An oversized attached double garage provides ample space for your vehicles or could easily become the workshop you've always dreamed of. Plus, a large, detached outbuilding offers even more room for all your tools, equipment, and recreational toys. Situated on just under 40 acres of beautiful, wooded property, this incredible retreat features a scenic creek that flows directly to the lake—offering endless opportunities to explore and enjoy the outdoors. This exceptional property truly has it all. Space, privacy, luxury, and nature combine to create the perfect place to call home. What's missing? Nothing—except you, your family, and your friends to make lifelong memories here.Don't miss this incredible opportunity—schedule your private viewing today! RRD

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionUnknown
BasementOther
CountyRainy River
Annual Tax$1,320.33
Legal DescriptionPCL 22073 SEC RAINY RIVER; PT LT 12 C0N 3 MORSON PT 1; 48R1377; LAKE OF THE WOODS AND PCL 20040 SEC RAINY RIVER; PT LT 12 CON 3 MORSON PT 1, RR644, LAKE OF THE WOODS

Parking & Garage

Garage Spaces6
Garage TypeOther

Heating & Cooling

Heat SourcePropane
CoolingOther

Features

Property Features

Interior Features

Water Purifier, Water Softener, Built-In Oven, Other

Security Features

Community Features

Location

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7431 Hwy 621, Lake of the Woods, 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 7431 Hwy 621, Lake of the Woods, ON P0W 1J0

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 Lake of the Woods.

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Interest Rate5.25%
Down Payment$21,995 (5.0%)
* Minimum Canadian down payment required for this price is $21,995.
Amortization Period25 Years
Estimated Monthly Payment$2,490Based on a loan of $417,905 over 25 years.
Purchase Price$439,900
Loan Amount$417,905
Provincial Land Transfer Tax:$5,273
Total Estimated Closing Taxes:$5,273

About Purchasing a Home in Lake of the Woods, ON

For a property listed at $439,900 in Lake of the Woods, the legal minimum down payment is $21,995 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 $5,273 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 $5,273.

Nearby Listings

Distance:

No current listings found in Lake of the Woods.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Morson, Lake of the Woods.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$196,625

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.