2503 Fern Glen, McMurrich/Monteith, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of McMurrich. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $549,999 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 333 x 1025 ft lot size
Description
Build your dream lakeside retreat on this exceptional 6.1-acre waterfront property, offering 333 feet of pristine frontage on beautiful Round Lake. Tucked away as the last lot on a private road, it provides unmatched privacy with only a few neighboring cottages. This build-ready lot features an installed driveway, a spacious cleared building site, and a recent 2025 survey. Home plans for a 3,500+ sq. ft. residence are included, and buyers may modify the design or bring their own. A local builder is available to begin construction next spring. The property also comes with an approved septic permit for a 4-bedroom, 3.5-bath home.The land offers a flat, level shoreline. Canoe or kayak from your waterfront into a picturesque, winding river and enjoy the peaceful connection to nature.
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Pricing & Value Insights
Data-driven valuation for 2503 Fern Glen, McMurrich/Monteith, ON P0A 1Y0
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About Purchasing a Home in McMurrich/Monteith, ON
For a property listed at $549,999 in McMurrich/Monteith, the legal minimum down payment is $30,000 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 $7,475 for this transaction. As this listing is in McMurrich/Monteith (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,475.
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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.