8236 OBSERVATORY Drive, Lucan Biddulph, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Lucan Biddulph. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,900 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 2 Bathrooms
- Generous living space spanning 2500-3000 sqft on a spacious lot (Acres)
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 20.0 total parking spaces available with a convenient outside/surface configuration
- Notable attributes: None
- equipped with other central cooling and highly efficient baseboard heating via ground source
Description
Discover the endless possibilities at 8236 Observatory Dr, Granton. Located on a stunning 35-acre property that blends country living with modern amenities, making it an ideal retreat or investment opportunity. With 15 acres of workable land, a horse barn complete with stalls, and a horse track, this property is perfect for equestrian enthusiasts. There's even the option to expand the workable acreage to suit your needs. The 3-bedroom, 1.5-bath house features an updated kitchen, a cozy propane fireplace in the living room, and main floor laundry. The bedrooms are generously sized with double closets, providing ample storage. The home is powered by a 200 amp hydro service and kept comfortable year-round by a state-of-the-art geothermal heating and cooling system. For those who love to entertain, the property is a dream come true. Enjoy the in-ground pool, sports court, and even some golf holes for endless outdoor fun. The picturesque pond adds a serene touch, making the setting ideal for relaxing or hosting events. Multiple outbuildings, including sheds and one with an in-law suite, provide additional space and versatility for your needs. Located just minutes from Lucan and a short drive to London, this property offers the perfect balance of rural charm and urban convenience. Whether you're envisioning a wedding venue, an Airbnb, or a brewery, the possibilities are as vast as the land itself. Don't miss this unique opportunity to own a versatile property with so much to offer.
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Property Summary
This detached home located at 8236 OBSERVATORY Drive, Lucan Biddulph is currently for sale and has been available on SousaSells for 698 days. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 3 beds, 2 bathrooms, and is 2500-3000 square feet. 8236 OBSERVATORY Drive, 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8236 OBSERVATORY Drive, Lucan Biddulph, ON N0M 1V0
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 Lucan Biddulph, ON
For a property listed at $1,399,900 in Lucan Biddulph, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.
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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.