336 Shanick Road, Marmora and Lake, ON

$849,900
MLS#:X9398491
3 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $849,900 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 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 1961 x 1981 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Central Vacuum, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Nestled in the heart of nature, this exquisite rural property spans an impressive 100 acres, offering tranquility, privacy, and breathtaking views. The 20 year old custom-built bungalow seamlessly blends modern comfort with rustic charm, creating the perfect country escape. The home boasts an open-concept layout with large windows that flood the space with natural light. Enjoy a cozy living room and family room with a stone fireplace, a large kitchen and a dining area perfect for entertaining. This beautiful home features a spacious primary bedroom suite with a walk-in closet and ensuite bathroom with a soaking tub, offering a private oasis. Two additional bedrooms with a second (3 pc) ensuite and (2 pc) powder room and a large unfinished basement ready for your personal touch. Step outside to your large deck overlooking the picturesque landscape; perfect for morning coffee, stargazing, or hosting summer BBQs. Detached second garage, perfect for additional storage or a workshop. This is more than just a home; it's a lifestyle. Don't miss the opportunity to own a piece of countryside paradise.

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Property Summary

This rural residential located at 336 Shanick Road, Marmora and Lake is currently for sale and has been available on SousaSells for 638 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 336 Shanick 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
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 5, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural StyleBungalow
ConstructionAluminum Siding, Brick
BasementFull, Unfinished
Lot Size1961 × 1981 Feet
CountyHastings
Annual Tax$5,332
Legal DescriptionW 1/2 LT 20 CON 7 MARMORA; MARMORA & LAKE ; COUNTY

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Wooded/Treed

Interior Features

Air Exchanger, Central Vacuum, Water Heater Owned

Security Features

Community Features

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Location

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336 Shanick 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 336 Shanick 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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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$254,970 (30.0%)
* Minimum Canadian down payment required for this price is $59,990.
Amortization Period30 Years
Estimated Monthly Payment$2,829Based on a loan of $594,930 over 30 years.
Purchase Price$849,900
Loan Amount$594,930
Provincial Land Transfer Tax:$13,473
Total Estimated Closing Taxes:$13,473

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $849,900 in Marmora and Lake, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.

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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.