Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium wood 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.
Set on just over 10 acres with waterfront access, this year-round property offers space, privacy, and the opportunity to create something truly your own, all within 20 minutes of the village. The home features an open-concept kitchen and living area with views of the water and a wood stove that adds warmth and character. With multiple high-speed internet options available, it's well-suited for those working from home or looking for a quieter setting outside of town.Step outside to the open space, mature trees, and abundant wildlife creating a peaceful backdrop, with plenty of room to explore, garden, or simply enjoy the outdoors. There's also a 24-ft above-ground pool for summer days, along with an insulated workshop, drive shed, and separate garage that provide excellent storage and flexibility for hobbies or recreational use. If you've been looking for acreage, privacy, and waterfront access with room to add value, this is an opportunity worth exploring.
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Primary Bedroom - Main Floor, Sewage Pump, Storage, Water Treatment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1612 Shanick Road, Marmora and Lake, ON K0K 2M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Marmora and Lake.
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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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.