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Welcome to this remarkable 1 1/2 Storey semi-detached located in the coveted neighborhood of Limerick. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $389,900 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.
Opportunity knocks at 348 Steenburg Lake Road. This charming cottage offers not only a relaxing retreat but also a smart investment opportunity in a high-demand lakeside area. Located directly across from beautiful Steenburg Lake, the property enjoys unobstructed water views from the front deck, sun-filled mornings, and convenient lake access just steps away. With sleeping accommodations for the whole family and a spacious lot of over 1.5 acres, this property offers excellent potential for future possibilities. The expansive grounds feature mature trees, open greenspace, ample parking, and two storage sheds, making it well suited for seasonal rentals, family gatherings, or those looking to expand their cottage investment. Inside, the cottage provides a warm and inviting atmosphere with a cozy propane fireplace and newer hydro service already in place. A new septic system has been installed, providing added peace of mind for years to come. Whether you're looking to generate short-term rental income, secure a property in a growing cottage community, or simply enjoy your own getaway near the lake, 348 Steenburg Lake Road is ready for its next chapter.
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The current listing price for 348 Steenburg Lake Road, Limerick, ON in Limerick, Limerick is $389,900.
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
348 Steenburg Lake Road, Limerick, ON is a Semi-Detached (1 1/2 Storey) featuring a Crawl Space basement.
Key property features include: Waterfront, Wooded/Treed.
Interior highlights include: Water Heater Owned.
Yes, this property offers parking space for 10.0 vehicles (None).
Heating is provided via Propane and cooling via None.
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Data-driven valuation for 348 Steenburg Lake Road N, Limerick, ON K0L 1W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Limerick.
About Purchasing a Home in Limerick, ON
For a property listed at $389,900 in Limerick, the legal minimum down payment is $19,495 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 $4,324 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 $4,324.
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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.