75 CLARENCE Street, Lanark Highlands, ON
Property no longer active
This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow 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 $440,000 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
- Premium 160 x 99 ft lot size
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient other configuration
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Flooring: Tile, Flooring: Hardwood, Welcome to this beautifully renovated 3-bedroom bungalow, located in the quaint village of Lanark. The gorgeous eat in kitchen with stainless steel appliances is perfect for family dinners and has an access door to the huge deck. The deck is overlooking the fully fenced side yard, perfect for kids and dogs to play and run. There is still plenty of yard that is unfenced also. Get ready to enjoy your morning coffee on the deck with views of the Clyde River. This home is also perfect for the fisher or boater in your family as the boat launch is right across the street. All the benefits of waterfront without the expense or maintenance. Now to the big bonus: this home has a fully finished, newly renovated lower-level in-law suite. Great potential for extra income or your in-laws. Full kitchen, bedroom, bathroom and living room. Private entrance or can be accessed from the main floor.
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Property Summary
This detached home located at 75 CLARENCE Street, Lanark Highlands is currently for sale and has been available on SousaSells for 674 days. This property is listed at $440,000 with an estimated mortgage of $1,465* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 75 CLARENCE 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
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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 75 CLARENCE Street, 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 $440,000 in Lanark Highlands, the legal minimum down payment is $22,000 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 $5,275 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 $5,275.
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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.