Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Limerick. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,900 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.
Constructed in 2008, this completely remodeled residence sits on 8.5 acres and is set back from the road for added privacy. The cozy studio-style bungalow features an open floor plan and is all on one level. Recently upgraded, the home boasts a modern kitchen with quartz countertops and a central island. Adjacent to the kitchen, there is a spacious bathroom and a separate laundry room. Designed for hosting, the living and dining areas revolve around the pellet stove, with an additional room that could serve as a second bedroom. Seamlessly blending indoor and outdoor living, a sunroom overlooks the backyard. Exterior includes a double garage with a workshop and a chicken coop perfect for hobby farming. The sizeable main bathroom offers both a stand-up shower and a double soaker tub. Just minutes away from St. Ola Lake for boating and fishing enthusiasts, and surrounded by ATV and snowmobile trails. Ready for immediate occupancy, this property promises a delightful summer retreat with the option for a quick closing.
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Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 582 Sutton Road, 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 $499,900 in Limerick, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.