127 River Garden Road, Marmora and Lake, ON

$499,900
MLS#:X11888792
3 beds
1 baths
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium vinyl siding and shingle 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 243.08 x 255.12 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None, Primary Bedroom - Main Floor, Storage
  • Efficient forced air heating via propane

Description

Welcome to 127 River Garden Rd, Marmora, a charming 3-bedroom, 1-bathroom home nestled on a picturesque deep lot. This property offers a dual circular driveway leading to a spacious 2-car attached garage, providing ample parking and convenience. Step inside to discover the inviting living room, featuring stunning wood beams on the ceiling and a grand stone fireplace, perfect for cozy evenings. The living and dining areas boast beautiful hardwood floors, adding warmth and character to the home. The kitchen is enchanting with its unique brick wall and built-in storage, offering both style and functionality. The full unfinished basement includes a laundry room and offers plenty of open space and additional built-in storage; ideal for customization to suit your needs. The property is surrounded by lush greenery, perennial gardens, and mature trees, ensuring privacy and a serene atmosphere. Located on a quiet dead-end street, the home provides deeded water access along the scenic Crowe River, making it a perfect retreat for nature lovers. Don't miss the opportunity to make this beautiful property your new home.

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Property Summary

This detached home located at 127 River Garden Road, Marmora and Lake is currently for sale and has been available on SousaSells for 582 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 127 River Garden Road, Marmora and Lake is in the Marmora Ward neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 6, 2025
Sold price information is available to members only
Listed Date12/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Shingle
BasementFull, Unfinished
Lot Size243.08 × 255.12 Feet
CountyHastings
Annual Tax$3,113
Legal DescriptionMARMORA CON 4 PT LOT 11 RP HSR184 PARTS 72 AND 73

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

None, Primary Bedroom - Main Floor, Storage, Sump Pump, Water Softener, Workbench

Security Features

Community Features

Location

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127 River Garden Road, Marmora and Lake, 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 127 River Garden Road, Marmora and Lake, ON K0K 2M0

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 Marmora and Lake.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $499,900 in Marmora and Lake, 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 Marmora and Lake (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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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Marmora Ward, Marmora and Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$521,830

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.