0 OTTAWA Avenue, Machar, ON
Property no longer active
This property was sold on August 21, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Machar. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $45,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Acres
Description
Owning a forested property can be a dream come true for those seeking privacy and a connection with nature. The affordability of this property, coupled with low taxes, makes this property an attractive option. For instance, this .66 acre forested parcel of land with taxes of only $148.87 in 2023, offers a cost-effective way to own a piece of serene wilderness. The proximity to local amenities, just a short 10-minute drive, adds convenience without compromising the seclusion provided by the surrounding trees. From the year round road on Ottawa Ave West, it's roughly a 1/2 km drive right to the property which is easily done 3 seasons of the year and it's on the OFSC Trail C105D for winter access as well. With rural zoning, a "hunt camp" with kitchen and bathroom facilities is permitted by the township's by-laws to be built on this property. The seasonal road road contributes to the sense of retreat from the bustling world and a property such as this is not just a place to get away, it's a lifestyle choice for those who value privacy and the beauty of the natural environment.
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Property Summary
This vacant land located at 0 OTTAWA Avenue, Machar is currently for sale and has been available on SousaSells for 743 days. This property is listed at $45,000 with an estimated mortgage of $150* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 OTTAWA Avenue, Machar is in the Machar neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 0 OTTAWA Avenue W, Machar, ON P0A 1X0
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 Machar, ON
For a property listed at $45,000 in Machar, the legal minimum down payment is $2,250 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 $225 for this transaction. As this listing is in Machar (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $225.
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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.