122 MILL Road, Lanark Highlands, ON
Property no longer active
This property was sold on November 5, 2024. 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 wood and vinyl siding construction, this residence presents an exceptional opportunity offered at $399,700 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 1 Bathroom
- Premium 157.71 x 64 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient other configuration
- Notable attributes: Water Treatment
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Flooring: Hardwood, Flooring: Laminate, Welcome to 122 Mill Road, a charming riverfront single-family home with incredible Airbnb potential, nestled on the serene banks of the Clyde River. This waterfront property offers a unique opportunity to own a peaceful retreat while possibly generating short-term rental income. As you approach this well-maintained home, you'll be captivated by its picturesque setting, surrounded by nature's beauty and offering breathtaking views of the river. The property sits on a spacious lot, allowing for ample outdoor enjoyment and relaxation. Step inside to discover a cozy and inviting interior, with an updated kitchen showcasing shaker style white cabinets and newer stainless steel appliances. With a main floor primary suite and two additional bedrooms on the upper level the layout of the home is both practical and comfortable, providing an ideal space for families or vacationers seeking a tranquil escape. Basement & shed offer additional storage space!
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Property Summary
This detached home located at 122 MILL Road, Lanark Highlands is currently for sale and has been available on SousaSells for 757 days. This property is listed at $399,700 with an estimated mortgage of $1,330* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 122 MILL Road, 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
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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 122 MILL Road, Lanark Highlands, ON K0G 1K0
Based on 0 recent similar sales in the pocket.
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 $399,700 in Lanark Highlands, the legal minimum down payment is $19,985 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 $4,471 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 $4,471.
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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.