498 CORONATION Boulevard, Loyalist, ON
Property no longer active
This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 54 - Amherstview. Expertly crafted featuring premium brick and vinyl siding 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.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 140.2 x 499 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient outside/surface configuration
- Notable attributes: On Demand Water Heater
- Efficient forced air heating via gas
Description
This property boasts 1.6 acres (no rear-facing neighbours) with a 1,100 +/- sq. ft., 3-bedroom brick bungalow and legal 1-bed addition. The original house provides an open-concept 3 bed, 1 bath home with lots of natural light from the new windows installed 2021, original hardwood floors throughout. Galley kitchen is adorned with solid wood cabinetry. Main house is vacant. This unique setup offers you the opportunity to become not just a homeowner, but an in-building landlord as well. Keep the tenants to help offset the price of your mortgage, or move into the 1-bedroom and rent out the main house. Both units have direct access to the backyard, deck and salt water pool (new liner in 2020) and are separated by common breezeway with laundry and storage. Full, unfinished basement includes a 2 piece bathroom, on demand hot water, 2 sump pumps, and a cold cellar but could lend to being an additional in-law suite.
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Property Summary
This detached home located at 498 CORONATION Boulevard, Loyalist is currently for sale and has been available on SousaSells for 696 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 498 CORONATION Boulevard, Loyalist is in the 54 - Amherstview neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 498 CORONATION Boulevard, Loyalist, ON K7M 5P9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Loyalist, ON
For a property listed at $499,900 in Loyalist, 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 Loyalist (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.