5475 511, Lanark Highlands, ON

$789,950
MLS#:X9521144
3 beds
2 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 13, 2026. 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 913 - Lanark Highlands (Lanark) Twp. Expertly crafted featuring premium wood and other construction, this residence presents an exceptional opportunity offered at $789,950 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 2 Bathrooms
  • Spacious lot size measured in Feet
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via wood

Description

Flooring: Tile, Flooring: Softwood, Flooring: Mixed, An absolute outdoors persons paradise!! This 106 acre 3 bedroom, 1.5 bath fantasy could be all yours or shared with someone i guess... literally take your food from the land and put it to the table using the new loaded chefs kitchen, equipped with dual wall ovens, pot filler taps, left and right side spice rack draws(to the gas range) and a sprawling granite counter top(no shortage of pantry and cabinet space) The absolutely bang on charm of living in Lanark finishes, exposed beam and plank ceilings, a massive living room with an efficient wood stove. recently renovated washrooms, refinished floors, newer furnace. SO MUCH MORE! The land surrounding you has a stunning creek, tranquil lake(with pike and bass) Duck blinds, deer stands.. A LCBO/Gas Bar/ convenience store a minute or even seconds away, Lanark Highlands Golf course minutes away, elementary school, post office, drug store etv. Time to make this property part of your family's history!

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Property Summary

This detached home located at 5475 511, Lanark Highlands is currently for sale and has been available on SousaSells for 651 days. This property is listed at $789,950 with an estimated mortgage of $2,629* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 5475 511, Lanark Highlands is in the 913 - Lanark Highlands (Lanark) Twp neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date10/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood , Other
BasementUnfinished
CountyLanark
Annual Tax$1,960
Legal DescriptionPT LT 17 CON 2 LANARK PT 1, 26R3060 & AS IN RN59591 LYING SW OF HWY 511 ; TWP OF LANARK HIGHLANDS

Parking & Garage

Parking Spaces4.0
Garage TypeOther

Heating & Cooling

Heat SourceWood
Heat TypeForced Air
CoolingNone

Features

Property Features

Golf, Park, Park, Fenced Yard

Interior Features

Water Heater Owned

Security Features

Unknown

Community Features

Location

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5475 511, 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 5475 511, Lanark Highlands, ON K0A 1P0

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$236,985 (30.0%)
* Minimum Canadian down payment required for this price is $53,995.
Amortization Period30 Years
Estimated Monthly Payment$2,629Based on a loan of $552,965 over 30 years.
Purchase Price$789,950
Loan Amount$552,965
Provincial Land Transfer Tax:$12,274
Total Estimated Closing Taxes:$12,274

About Purchasing a Home in Lanark Highlands, ON

For a property listed at $789,950 in Lanark Highlands, the legal minimum down payment is $53,995 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 $12,274 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 $12,274.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 913 - Lanark Highlands (Lanark) Twp, Lanark Highlands.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$516,141

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.