1028 Mitchell Road, Lanark Highlands, ON
Property Highlights
Welcome to this remarkable Other detached located in the coveted neighborhood of 913 - Lanark Highlands (Lanark) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 580.56 x 670 ft lot
- Features a partial basement, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: ERV/HRV, Primary Bedroom - Main Floor, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Set on approximately 3 1/2 acres of landscaped land, this is a home that can accommodate various buyers. 2 separate units allows for multi generational families, it can be used as an investment property or live in one side and help pay your mortgage by renting the other side out. The one unit is all on one level while the larger side has a walkout from the living room into the yard and a walkout from the second floor bedroom to the balcony and deck. Conveniently located between Perth and Almonte. There is also a detached garage/ workshop.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
School Bus Route, Sloping
Interior Features
ERV/HRV, Primary Bedroom - Main Floor, In-Law Capability
Security Features
Community Features
Location
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 1028 Mitchell Road, Lanark Highlands, ON K0G 1K0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Lanark Highlands, ON
For a property listed at $525,000 in Lanark Highlands, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.