48 East Bear Lake Road, McMurrich/Monteith, ON
Property Highlights
Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of Bear Lake. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $299,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 420 x 1325 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Wheelchair Access
- Efficient baseboard heating via electric
Description
Are you ready for year round rural living? Can you handle no neighbours? What about the winter? Not for the faint of heart. It take a lot to keep the fire going. Do you have what it takes? What about the work needed? This place needs some tlc. You up for that? Then there's the barn/garage. Geez? A whole heap of work there too. Soo....if you're up for up north and you have what it takes to bring this property back to it's full potential then come have a look. It may be exactly what you're looking for. 5 minutes to Bear Lake beach and boat launch , 10 minutes to Sprucedale Gas and General Store. Close to Huntsville and Parry Sound for everything else.
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Pricing & Value Insights
Data-driven valuation for 48 East Bear Lake Road, McMurrich/Monteith, ON P0A 1Y0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in McMurrich/Monteith, ON
For a property listed at $299,900 in McMurrich/Monteith, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.
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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.