0 RIDING RANCH Road, Machar, ON
Property no longer active
This property was sold on September 27, 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 $119,999 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
- Premium 824.8 x 1315 ft lot size
Description
Looking for vacant land just minutes from town and accessed from all paved, year-round municipally maintained roads? This 23 Acre property is a great location if you want to escape to farm land but not be too far away from town. Just up the road is a riding ranch that has been sharing the property with the public for many years by offering horseback riding, farm tours, seasonal events, and birthday parties. Within minutes you can find yourself at Eagle Lake Narrows for pizza and a swim at the beach or drive a bit further to Mikisew Provincial Park. Also within minutes, the Eagle Lake Golf Course with a unique 12-hole course. The majority of neighbouring properties have generationally owned. Come take a look today!
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Property Summary
This vacant land located at 0 RIDING RANCH Road, Machar is currently for sale and has been available on SousaSells for 713 days. This property is listed at $119,999 with an estimated mortgage of $399* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 RIDING RANCH Road, 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 RIDING RANCH Road, 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 $119,999 in Machar, the legal minimum down payment is $6,000 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 $925 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 $925.
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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.