5202 McDonalds Corners Road, Lanark Highlands, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 914 - Lanark Highlands (Dalhousie) Twp. Expertly crafted featuring premium wood 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 455.99 x 511.86 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
First time offered! A beautifully maintained one-owner home set on a private ~5-acre property just outside McDonald's Corners. Pride of ownership is evident throughout this inviting 2-bedroom, 1-bath home, featuring a bright open-concept kitchen and living area, ideal for both everyday living and entertaining. Stay cozy year-round with a woodstove, complemented by electric baseboard heating. Enjoy the peaceful surroundings from the attached screened-in porch, or step outside to explore your own slice of nature, complete with a small pine forest and a gentle creek along the back of the property. The unfinished basement offers high ceilings and excellent potential for future living space or additional storage. Ideal for those seeking quiet country living with convenient access-just 13 minutes to Lanark, 24 minutes to Perth, and only 1 hour to Kanata.
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Interior Features
Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5202 McDonalds Corners Road, Lanark Highlands, ON K0G 1M0
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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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