42 Clear Lake Court, Marmora and Lake, ON

$19,900
MLS#:X12057270
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property no longer active

This property was sold on April 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Lake Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $19,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 133.12 x 241.12 ft lot
  • Notable attributes: None

Description

Start planning your weekends in cottage country! This gorgeous 1.2 acre lot offers privacy and hardwoods with a trail that runs along the east side of the lot. Deeded access to Thanet Lake beach and park is included. Your family can enjoy the park, swim raft, and a beach only a three minute walk from the property. Look forward to evening walks that include spectacular sunsets and views of Crown Land across the rippling waves of Thanet Lake.The access is year round and while others have built homes and cottages on their properties, this one is restricted because of the EP (environmentally protected) zoning both on part of the lot and beside the property. You cannot build on this lot according to the Conservation Authority. You can camp here and enjoy your own private land and campsite but building is not permitted and the price reflects the restrictions in place

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Property Summary

This vacant land located at 42 Clear Lake Court, Marmora and Lake is currently for sale and has been available on SousaSells for 471 days. This property is listed at $19,900 with an estimated mortgage of $66* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 42 Clear Lake Court, Marmora and Lake is in the Lake Ward neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 8, 2025
Sold price information is available to members only
Listed Date4/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size133.12 × 241.12 Feet
CountyHastings
Annual Tax$241.35
Legal DescriptionPCL 49-2 SEC M63; LT 49 PL M63 LAKE; MARMORA & LAKE; COUNTY OF HASTINGS

Heating & Cooling

Features

Property Features

Beach, Cul de Sac/Dead End, Lake Access, Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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42 Clear Lake Court, 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 42 Clear Lake Court, Marmora and Lake, ON K0L 1W0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Marmora and Lake.

Configure Loan Settings

Interest Rate4.00%
Down Payment$5,970 (30.0%)
* Minimum Canadian down payment required for this price is $995.
Amortization Period30 Years
Estimated Monthly Payment$66Based on a loan of $13,930 over 30 years.
Purchase Price$19,900
Loan Amount$13,930
Provincial Land Transfer Tax:$100
Total Estimated Closing Taxes:$100

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $19,900 in Marmora and Lake, the legal minimum down payment is $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 $100 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 $100.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lake Ward, Marmora and Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$676,405

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.