898 Lefaive Drive, Lakeshore, ON

$229,900
MLS#:X12112411
0 beds
0 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Lakeshore. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $229,900 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
  • Premium 70.28 x 150.59 ft lot size
  • Notable attributes: None

Description

Great building lot on a waterfront canal with direct access and a short boat ride to Lake St.Clair for boating, fishing, and so much more! You will simply fall in love with the community of Lighthouse Cove and all that it offers - full service marina's, a Conservation area, hiking & biking, pickle ball, dining, & organized social events. This is a nice sized 70ft x 150 ft unimproved lot just waiting for it's new home or cottage. Building permit/septic system required with hydro, gas, and municipal water available at the road. Buyer to verify all utility hook-ups. Call today for further information

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Property Summary

This vacant land located at 898 Lefaive Drive, Lakeshore is currently for sale and has been available on SousaSells for 444 days. This property is listed at $229,900 with an estimated mortgage of $765* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 898 Lefaive Drive, Lakeshore is in the Lakeshore neighborhood.

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

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 3, 2025
Sold price information is available to members only
Listed Date4/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size70.28 × 150.59 Feet
CountyEssex
Annual Tax$450
Legal DescriptionLI 238 PL 1620 TILBURY NOTH; PT LT 237 PL 1620 TILBURY NORTH AS IN R433165; S/T R 433165; LAKESHORE

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Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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898 Lefaive Drive, Lakeshore, 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 898 Lefaive Drive, Lakeshore, ON N0P 2L0

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 Lakeshore.

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Interest Rate4.00%
Down Payment$68,970 (30.0%)
* Minimum Canadian down payment required for this price is $11,495.
Amortization Period30 Years
Estimated Monthly Payment$765Based on a loan of $160,930 over 30 years.
Purchase Price$229,900
Loan Amount$160,930
Provincial Land Transfer Tax:$2,024
Total Estimated Closing Taxes:$2,024

About Purchasing a Home in Lakeshore, ON

For a property listed at $229,900 in Lakeshore, the legal minimum down payment is $11,495 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 $2,024 for this transaction. As this listing is in Lakeshore (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,024.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lakeshore, Lakeshore.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,018,593

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.