653 Lorne Street, Laurentian Valley, ON

$294,900
MLS#:X11981542
3 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 28, 2025. 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 531 - Laurentian Valley. Expertly crafted featuring premium metal/steel siding and other construction, this residence presents an exceptional opportunity offered at $294,900 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
  • Generous living space spanning 700-1100 sqft on a premium 59.4 x 120 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Central Vacuum, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This cared for 3 bedroom home is nestled on a quiet street within a great family neighbourhood. Close to parks, recreation and the four season Algonquin Trail. Perfect for wheeled, tracked and walking enthusiasts. The large eat-in kitchen boasts plenty of storage space and built in appliances. Bright living room, three spacious bedrooms and a 4-piece bathroom complete the main floor. The lower level includes a large storage and utility room and finished recreation room. The 28'x24' detached garage makes for a great place to park your toys required for the nearby recreation trail. Natural gas heat, central A/C, metal roof, paved driveway. No conveyance of any written signed offers prior to 4:00PM on the 25th day of February. All Buyer submitted offers to contain minimum 24 hour irrevocable.

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Property Summary

This detached home located at 653 Lorne Street, Laurentian Valley is currently for sale and has been available on SousaSells for 513 days. This property is listed at $294,900 with an estimated mortgage of $982* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 653 Lorne Street, Laurentian Valley is in the 531 - Laurentian Valley neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 28, 2025
Sold price information is available to members only
Listed Date2/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionMetal/Steel Siding, Other
BasementPartially Finished
Lot Size59.4 × 120 Feet
CountyRenfrew
Annual Tax$2,146
Legal DescriptionLT 237, JP 366 ; STAFFORD & PEMBROKE

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route

Interior Features

Central Vacuum, Storage

Security Features

Community Features

Location

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653 Lorne Street, Laurentian Valley, 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 653 Lorne Street W, Laurentian Valley, ON K8A 6T1

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 Laurentian Valley.

Configure Loan Settings

Interest Rate4.00%
Down Payment$88,470 (30.0%)
* Minimum Canadian down payment required for this price is $14,745.
Amortization Period30 Years
Estimated Monthly Payment$982Based on a loan of $206,430 over 30 years.
Purchase Price$294,900
Loan Amount$206,430
Provincial Land Transfer Tax:$2,899
Total Estimated Closing Taxes:$2,899

About Purchasing a Home in Laurentian Valley, ON

For a property listed at $294,900 in Laurentian Valley, the legal minimum down payment is $14,745 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 $2,899 for this transaction. As this listing is in Laurentian Valley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,899.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 531 - Laurentian Valley, Laurentian Valley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$564,065

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.