486 Shanick Road, Marmora and Lake, ON

$249,000
MLS#:X12248317
1 beds
1 baths
700-1100 sqft
11.5 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Marmora Ward. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $249,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 200 x 334 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.5 total parking spaces available with a convenient carport configuration
  • Notable attributes: Carpet Free, Wheelchair Access
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

Tucked away on a private, treed lot and set well back from the road, this charming country property offers peaceful living with exceptional potential. The circular driveway welcomes you into a natural sanctuary surrounded by mature trees, perennial gardens, and open sky. Whether you're seeking a rural lifestyle, a nature lover's getaway, or a four-season hunting cabin, this property offers a rare blend of affordability, privacy, and opportunity. The home features a spacious, rustic kitchen with exposed wood beams, a central island, and vintage charm. The cozy living area includes a wood stove and walkout to a sunny deck - perfect for morning coffee or evening stargazing. The metal roof provides peace of mind and long-term durability. Heating is provided by both an electric system and a wood-burning stove, offering comfort and flexibility year-round. Even though the home could benefit from some updates and a personal touch, thats exactly what makes this property such an exciting opportunity. It offers a blank canvas for someone with vision and creativity to truly make it their own. Whether you're dreaming of a cozy country cottage, an artistic hideaway, or a self-sustaining homestead, this home is full of potential and priced to allow you the freedom to bring those dreams to life. The flat, open yard is ideal for building raised garden beds, expanding the existing perennial gardens, or simply enjoying outdoor hobbies. There's ample space for composting, tool sheds, and small livestock if desired. Located just seven minutes from Marmora, youll find convenient access to shops and services, while still enjoying the seclusion of rural life. ATV trails, swimming holes, and excellent fishing spots are all nearby - making this a fantastic choice for outdoor enthusiasts. Whether you're an artist in need of inspiration, a gardener dreaming of self-sufficiency, or someone who just wants to unplug and unwind, this property is a hidden gem waiting to be discovered.

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Property Summary

This detached home located at 486 Shanick Road, Marmora and Lake is currently for sale and has been available on SousaSells for 385 days. This property is listed at $249,000 with an estimated mortgage of $829* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 486 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
1
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 25, 2025
Sold price information is available to members only
Listed Date6/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementCrawl Space
Lot Size200 × 334 Feet
CountyHastings
Annual Tax$1,428.13
Legal DescriptionPT LT 21 CON 7 MARMORA PT 1 21R5025; MARMORA & LAKE ; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces11.5
Garage Spaces10
Garage TypeCarport

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Sloping, Wooded/Treed

Interior Features

Carpet Free, Wheelchair Access

Security Features

Community Features

Location

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486 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 486 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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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.

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Interest Rate4.00%
Down Payment$74,700 (30.0%)
* Minimum Canadian down payment required for this price is $12,450.
Amortization Period30 Years
Estimated Monthly Payment$829Based on a loan of $174,300 over 30 years.
Purchase Price$249,000
Loan Amount$174,300
Provincial Land Transfer Tax:$2,215
Total Estimated Closing Taxes:$2,215

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $249,000 in Marmora and Lake, the legal minimum down payment is $12,450 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 $2,215 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 $2,215.

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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.