6040 Old Hastings Road, Marmora and Lake, ON

$58,900
MLS#:X8438024
0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on June 28, 2024. 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 $58,900 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
  • Premium 143 x 2762 ft lot size
  • Notable attributes: None

Description

15 Acres of forest and marshland in deer, moose and elk country adjacent to over 150 acres of crown land and across the road from about 85 acres of crown land. Get back to nature and off the grid on this wildlife habitat south of Murphy's Corners and north of Glanmire. Access to Steenburg Lake and Dickey Lake are a short drive to the north and Glanmire Lake is to the south, plus there are numerous other small lakes and 1,000's of acres of crown land in the area. If you are looking for privacy, recreation and wildlife, it's here.

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Property Summary

This vacant land located at 6040 Old Hastings Road, Marmora and Lake is currently for sale and has been available on SousaSells for 766 days. This property is listed at $58,900 with an estimated mortgage of $196* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 6040 Old Hastings Road, 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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 28, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size143 × 2762 Feet
CountyHastings
Annual Tax$272.77
Legal DescriptionPt Lt 78, Con WHR, Lake as in QR363097, Marmora & Lake, County of Hastings

Parking & Garage

Heating & Cooling

Features

Property Features

Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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6040 Old Hastings 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 6040 Old Hastings Road S, Marmora and Lake, ON K0L 1P0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$17,670 (30.0%)
* Minimum Canadian down payment required for this price is $2,945.
Amortization Period30 Years
Estimated Monthly Payment$196Based on a loan of $41,230 over 30 years.
Purchase Price$58,900
Loan Amount$41,230
Provincial Land Transfer Tax:$314
Total Estimated Closing Taxes:$314

About Purchasing a Home in Marmora and Lake, ON

For a property listed at $58,900 in Marmora and Lake, the legal minimum down payment is $2,945 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 $314 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 $314.

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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.