Welcome to this remarkable land located in the coveted neighborhood of 919 - Lanark Highlands (Lanark Village). Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,450,000 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.
Great development opportunity right in town and on highway 511. 250 foot well onsite offering 160 gallons/ min flow. 2 pins sold together surround a school with residential zoning. Consider a small footprint Newterra waste system to increase the density potential. Other similar installations in the area. Latest govt programs may optimize a multi family community.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 00 Paul Drive, Lanark Highlands, ON K0G 1K0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lanark Highlands.
About Purchasing a Home in Lanark Highlands, ON
For a property listed at $1,450,000 in Lanark Highlands, the legal minimum down payment is $290,000 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 $25,475 for this transaction. As this listing is in Lanark Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,475.
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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.