2348 Old Marmora Road, Marmora and Lake, ON
Property no longer active
This property was sold on September 17, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $425,000 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.
- 2 Bedrooms and 1 Bathroom
- Premium 968.3 x 632.11 ft lot size
- 8.0 total parking spaces available
- Notable attributes: Air Exchanger, Water Heater
- Efficient forced air heating via propane
Description
The perfect home for the outdoor enthusiast! Newly renovated 3,000 sq ft building with 1100 sq ft of finish on the upper level complete with 2 bedrooms, 3 piece bath and open concept kitchen/dining/living space. This beautiful property abuts a large pond and creek that feeds into the Moira River. Kayak, fish or just enjoy the sunsets from the waters edge. Many upgrades have been done over the past year including a new metal roof, brand new furnace and HVAC, kitchen cabinetry, flooring, paint and trim. Outside has just been cleared of trees and replaced with topsoil and seeded to better enjoy your 6.9 acres of peace and quiet. Downstairs features a wood stove rough in, open area with workshop. Well 2013. Septic 2015. Possibility for more bedrooms and added finish on the lower level, or keep it as is for a work shop.
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Property Summary
This detached home located at 2348 Old Marmora Road, Marmora and Lake is currently for sale and has been available on SousaSells for 673 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 2348 Old Marmora 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2348 Old Marmora Road, Marmora and Lake, ON K0K 2M0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Marmora and Lake, ON
For a property listed at $425,000 in Marmora and Lake, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.
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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.