29 Bursthall Street, Marmora and Lake, ON

Expired - Members Only
MLS#:Members Only
9 beds
8 baths
5000 + sqft
11.0 parking
Residential Freehold
Unavailable Listing

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Listing Status: Expired

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Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $2,200,000 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.

  • 9 Bedrooms and 8 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 132 x 165 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability, Guest Accommodations
  • Efficient radiant heating via electric

Description

This historic 9+1 bedroom Bed & Breakfast, built in 1905, blends Victorian charm with modern amenities, offering vast potential. Featuring a commercial kitchen, LLBO licensing, and dining capacity for up to 70 guests, the inn is primed for hosting events, from weddings to corporate retreats. The property includes an indoor pool and a dedicated on-site staff apartment, enhancing its functionality. Located in the quaint town of Marmora & Lake, the inn stands as a historical focal point, preserving its original elegance. Conveniently situated just off Highway 7 and minutes from local amenities, the property benefits from dual zoning both residential and commercial making it a versatile investment opportunity. Established clientele and a wide array of possibilities make this Bed and Breakfast a top choice for anyone seeking a thriving business with endless potential.

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Key Features

Bedrooms
9
Bathrooms
8
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

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Additional Details

StatusExpired
Listed Date9/20/2024
Transaction TypeFor Sale

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Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size132 × 165 Feet
CountyHastings
Annual Tax$6,273.91
Legal DescriptionLT 13 W/S BURSTHALL ST, 14 W/S BURSTHALL ST PL 83; MARMORA & LAKE ; COUNTY OF HASTINGS

Parking & Garage

Parking Total11.0
Parking Space9
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
CoolingNone

Features

Property Features

  • Library
  • Park
  • Place Of Worship

Interior Features

  • In-Law Capability
  • Guest Accommodations

Security Features

None listed

Community Features

None listed

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Frequently Asked Questions about 29 Bursthall Street, Marmora and Lake, ON

Q.What is the asking price for 29 Bursthall Street, Marmora and Lake, ON ?

The current listing price for 29 Bursthall Street, Marmora and Lake, ON in Marmora Ward, Marmora and Lake is $2,200,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 9 bedrooms and 8 bathrooms across approximately 5000 + sqft.

Q.What property type and architectural style is 29 Bursthall Street, Marmora and Lake, ON ?

29 Bursthall Street, Marmora and Lake, ON is a Detached (3-Storey) featuring a Unfinished basement.

Q.What key property features does 29 Bursthall Street, Marmora and Lake, ON offer?

Key property features include: Library, Park, Place Of Worship.

Q.What interior features are included in this home?

Interior highlights include: In-Law Capability, Guest Accommodations.

Q.Is parking available at this property?

Yes, this property offers parking space for 11.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

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29 Bursthall Street, Marmora and Lake, ON

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Property History

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This could be the first listing for this address.

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Pricing & Value Insights

Data-driven valuation for 29 Bursthall 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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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$660,000 (30.0%)
* Minimum Canadian down payment required for this price is $440,000.
Amortization Period30 Years
Estimated Monthly Payment$7,323Based on a loan of $1,540,000 over 30 years.
Purchase Price$2,200,000
Loan Amount$1,540,000
Provincial Land Transfer Tax:$41,475
Total Estimated Closing Taxes:$41,475

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $2,200,000 in Marmora and Lake, the legal minimum down payment is $440,000 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 $41,475 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 $41,475.

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Marmora Ward, Marmora and Lake 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$553,448

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%

Best Schools in Marmora Ward, Marmora and Lake

Elementary Schools

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Secondary Schools

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Marmora Ward, Marmora and Lake Demographic Home information

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.