106 GEORGE Street, Lanark Highlands, ON

$289,000
MLS#:X12227344
4 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 28, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 919 - Lanark Highlands (Lanark Village). Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $289,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 66 x 75 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient other configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

TLC Special, perfect for 1st time buyers or investment, 4 Bedrooms, 2 bathroom home in a central location in the village of Lanark. Its convenient location is within walking distance of shopping, various schools, recreational facilities and public transportation. Property is Sold Under Power of Sale, Sold as is Where is. Seller does not warranty any aspects of Property, including to and not limited to: sizes, taxes, history or condition of any items. Plenty of nice sized rooms for a family to grow. Call to book your private showing today!

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Property Summary

This detached home located at 106 GEORGE Street, Lanark Highlands is currently for sale and has been available on SousaSells for 395 days. This property is listed at $289,000 with an estimated mortgage of $962* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 106 GEORGE Street, Lanark Highlands is in the 919 - Lanark Highlands (Lanark Village) neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 28, 2025
Sold price information is available to members only
Listed Date6/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther
BasementUnfinished
Lot Size66 × 75 Feet
CountyLanark
Annual Tax$1,930
Legal DescriptionPT LT 8 W OF GEORGE ST PL 320 WESTERN SECTION LANARK N LANARK PT 3, 26R1581 ; TOWNSHIP OF LANARK HIGHLANDS

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeOther

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

None

Security Features

Community Features

Location

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106 GEORGE Street, Lanark Highlands, 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 106 GEORGE Street, Lanark Highlands, ON K0G 1K0

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 Lanark Highlands.

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Interest Rate4.00%
Down Payment$86,700 (30.0%)
* Minimum Canadian down payment required for this price is $14,450.
Amortization Period30 Years
Estimated Monthly Payment$962Based on a loan of $202,300 over 30 years.
Purchase Price$289,000
Loan Amount$202,300
Provincial Land Transfer Tax:$2,810
Total Estimated Closing Taxes:$2,810

About Purchasing a Home in Lanark Highlands, ON

For a property listed at $289,000 in Lanark Highlands, the legal minimum down payment is $14,450 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 $2,810 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 $2,810.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 919 - Lanark Highlands (Lanark Village), Lanark Highlands.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$478,134

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.