348 Steenburg Lake Road, Limerick, ON

$299,900
MLS#:X10929687
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 2, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Limerick. Expertly crafted featuring premium other and vinyl siding construction, this residence presents an exceptional opportunity offered at $299,900 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 204 x 320 ft lot
  • 2.0 total parking spaces available
  • Notable attributes: None
  • Efficient other heating via propane

Description

COUNTRY GETAWAY! Here's an affordable weekend escape your family will love! Come and see this traditional cottage sitting on a lovely 1.5 Acre setting. Cozy living area features rustic wood timbers, fireplace (currently no propane tank connected). Kitchen open to dining area with large table for the gatherings and entertaining. Main level features 2 bedrooms, 3 pc bath, 2nd level open loft area with extra beds. Large Deck on the front with beautiful water view of Steenburg Lake across the road. Boat launch down the road to enjoy boating & fishing! This cottage is turn key, includes furniture, beds, cookware and more. Great location 30 minutes to Bancroft or Madoc. This Fall Special is a must see!

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Property Summary

This detached home located at 348 Steenburg Lake Road, Limerick is currently for sale and has been available on SousaSells for 598 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 348 Steenburg Lake Road, Limerick is in the Limerick 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 DateDecember 2, 2024
Sold price information is available to members only
Listed Date11/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionOther, Vinyl Siding
BasementNone
Lot Size204 × 320 Feet
CountyHastings
Annual Tax$3,838.59
Legal DescriptionPt Lt 24 Conc 2 Limerick As In QR524155 Limerick, County of Hastings

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingNone

Features

Property Features

Lake Backlot, Lake/Pond

Interior Features

None

Security Features

Community Features

Location

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348 Steenburg Lake Road, Limerick, 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 348 Steenburg Lake Road N, Limerick, ON K0L 1W0

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 Limerick.

Configure Loan Settings

Interest Rate4.00%
Down Payment$89,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,930 over 30 years.
Purchase Price$299,900
Loan Amount$209,930
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in Limerick, ON

For a property listed at $299,900 in Limerick, the legal minimum down payment is $14,995 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 $2,974 for this transaction. As this listing is in Limerick (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,974.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Limerick, Limerick.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$635,890

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.