550 HURDVILLE Road, McKellar, ON

$995,000
MLS#:X10899460
5 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of McKellar. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $995,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft
  • Features a walk-out, finished 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: Workbench, Propane Tank, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

This is your opportunity to own a spacious, well-built waterfront home on the coveted shores of Lake Manitouwabing. The property features a level lot w/308 ft of natural shoreline, beautiful landscaping, incl. a diverse range of indigenous plants, trees & garden beds. Perfectly tailored for the hobbyist, this property offers an attached 2-car garage + a detached 28 x 25 ft garage/shop equipped w/large electrical service, 9 ft overhead door, workshop, & ample storage space. As you step inside this lovely home, you are instantly greeted by an abundance of natural light that permeates the open concept main floor. The home offers 3467 sq feet of living space w/beautiful views of the lake from principal rooms. On the main floor, there is a welcoming living/dining area, kitchen w/newly refinished wood cabinetry, convenient laundry room, 4-piece main bathroom, generously sized 2nd bedroom, & 3rd bedroom currently utilized as a hobby/craft room which could easily be converted into a home office space. Additionally, the primary bedroom is spacious & features a walk-in closet, 5-pc ensuite, & walk-out sliding doors to the deck that overlooks the lake. The lower level walk-out has been thoughtfully finished w/in-floor heating & has a spacious recreational area w/propane fireplace, 2 bedrooms, a bonus room currently utilized for accommodating guests, a separate workshop area, mechanical room, sizeable cold room, storage space & convenient 2-piece bathroom. Finishing touches on this comfortable home include a drilled well installed in 2018, a new forced air furnace & hot water tank added in 2019, a WETT-certified wood stove recently installed in 2022, & high-speed internet connectivity. Embrace an active lifestyle year-round w/easy access to miles of boating, water sports, & the prestigious 'Ridge at Manitou' Golf Course in the summer, while winter invites exploration of nearby snowmobile trails—all conveniently located just 20 mins from the amenities of Parry Sound.

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Property Summary

This detached home located at 550 HURDVILLE Road, McKellar is currently for sale and has been available on SousaSells for 776 days. This property is listed at $995,000 with an estimated mortgage of $3,312* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 550 HURDVILLE Road, McKellar is in the McKellar neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date5/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBoard & Batten
BasementWalk-Out, Finished
CountyParry Sound
Annual Tax$3,410
Legal DescriptionPT LT 34-35 CON 4 MCKELLAR PT 4 & 5 42R6945 AND PT 1 42R15032; MCKELLAR

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Workbench, Propane Tank, Water Heater Owned

Security Features

Community Features

Location

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550 HURDVILLE Road, McKellar, 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 550 HURDVILLE Road, McKellar, ON P2A 2W7

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 McKellar.

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Interest Rate4.00%
Down Payment$298,500 (30.0%)
* Minimum Canadian down payment required for this price is $74,500.
Amortization Period30 Years
Estimated Monthly Payment$3,312Based on a loan of $696,500 over 30 years.
Purchase Price$995,000
Loan Amount$696,500
Provincial Land Transfer Tax:$16,375
Total Estimated Closing Taxes:$16,375

About Purchasing a Home in McKellar, ON

For a property listed at $995,000 in McKellar, the legal minimum down payment is $74,500 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 $16,375 for this transaction. As this listing is in McKellar (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for McKellar, McKellar.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$851,547

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.