34500 Saintsbury Line, Lucan Biddulph, ON

$1,190,000
MLS#:X8437452
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Lucan Biddulph. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,190,000 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 250 x 870 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover an exceptional opportunity to own 5 acres of prime land in Lucan, perfectly situated just outside the residential areas and still conveniently close to shopping. This expansive property features a charming one-floor home that offers comfortable living with easy access to the entire property. Additionally, multiple outbuildings are included, providing excellent spaces to keep your animals safe and secure. This is the perfect location for a small hobby farm, offering ample space for gardening, raising animals, or other agricultural pursuits. Whether you're looking to expand your business, create a family estate, or invest in a property with potential, this offering provides a unique chance to secure a valuable piece of real estate. The strategic location in Lucan ensures you are never far from essential amenities while enjoying the peace and privacy of a more rural setting. This property combines the best of both worlds: a spacious, versatile land area with the convenience of nearby shopping and residential amenities. Don't miss out on this rare opportunity!

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Property Summary

This detached home located at 34500 Saintsbury Line, Lucan Biddulph is currently for sale and has been available on SousaSells for 763 days. This property is listed at $1,190,000 with an estimated mortgage of $3,961* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 34500 Saintsbury Line, Lucan Biddulph is in the Rural Lucan Biddulph neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 10, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size250 × 870 Feet
CountyMiddlesex
Annual Tax$4,442
Legal DescriptionPT LT 23, CON 5 , PART 1 , 33R707 ; LUCAN BIDDULPH TWP

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

Location

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34500 Saintsbury Line, Lucan Biddulph, 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 34500 Saintsbury Line, Lucan Biddulph, ON N0M 2J0

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lucan Biddulph.

Configure Loan Settings

Interest Rate4.00%
Down Payment$357,000 (30.0%)
* Minimum Canadian down payment required for this price is $238,000.
Amortization Period30 Years
Estimated Monthly Payment$3,961Based on a loan of $833,000 over 30 years.
Purchase Price$1,190,000
Loan Amount$833,000
Provincial Land Transfer Tax:$20,275
Total Estimated Closing Taxes:$20,275

About Purchasing a Home in Lucan Biddulph, ON

For a property listed at $1,190,000 in Lucan Biddulph, the legal minimum down payment is $238,000 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 $20,275 for this transaction. As this listing is in Lucan Biddulph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Lucan Biddulph, Lucan Biddulph.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,596,436

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.