26 Mcgill Street, Marmora and Lake, ON

$599,900
MLS#:X9357341
2 beds
2 baths
9.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 15, 2024. 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 construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Premium 66 x 165 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: ERV/HRV, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

|MARMORA| This 2-bedroom, 2-bathroom home, just 7 years old, is nestled in a quiet part of town. It boasts modern amenities and convenient single-level living, perfect for those seeking comfort and accessibility. The property features a triple-paved driveway leading to a spacious double car garage, offering ample parking. Inside, the home is equipped with natural gas heating and central air, ensuring year-round comfort.The open-concept layout seamlessly connects the living, dining, and kitchen areas, with the kitchen featuring a central island thats perfect for entertaining or casual meals. The primary bedroom includes a full ensuite for added privacy and convenience. Outdoor living is enhanced by a covered back deck with a patio, ideal for relaxing or entertaining. The home also has a nice backyard and a welcoming front porch, offering additional spaces to enjoy the peaceful surroundings.

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Property Summary

This detached home located at 26 Mcgill Street, Marmora and Lake is currently for sale and has been available on SousaSells for 666 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 26 Mcgill Street, 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
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date9/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space
Lot Size66 × 165 Feet
CountyHastings
Annual Tax$3,458.29
Legal DescriptionLT 11 E/S MCGILL ST PL 70; MARMORA & LAKE; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces9.0
Garage Spaces7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Rec./Commun.Centre, School

Interior Features

ERV/HRV, Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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26 Mcgill Street, 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 26 Mcgill Street, 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.

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Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $599,900 in Marmora and Lake, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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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.