51 Bayside Drive, McMurrich/Monteith, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bear Lake. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 112.53 x 256.39 ft lot
- 6.0 total parking spaces available
- Notable attributes: Guest Accommodations, Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
LAKEFRONT LIVING ON BEAR LAKE - 102 FEET OF WATERFRONT! Escape to the serenity of Bear Lake with this charming 2-bedroom, 1-bathroom cottage, offering picturesque lake views and year-round enjoyment. Nestled on over half an acre, this property boasts a gentle slope to the water's edge and a 780 sq ft wrap-around deck, perfect for taking in the breathtaking scenery. The cozy cottage features a spacious living room with a stunning lake view and a wood stove for added ambiance and cost-effective heating. In addition, a separate 294 sq ft two-storey bunkie with a new upper-level deck and composting toilet offers extra space for guests or a private retreat. Whether you're seeking summer adventures on the lake or winter fun on the nearby snowmobile trails, this property is ideal for outdoor enthusiasts. Located just 40 minutes from Hidden Valley, it's easily accessible on a municipally maintained road, providing convenience and a sense of community. Bear Lake, situated in the Parry Sound District, is a hidden gem known for its clear waters, perfect for swimming, fishing, kayaking, and canoeing. Surrounded by lush forests and scenic hiking trails, it's an outdoor lover's paradise. The mix of cottages and year-round homes creates a tranquil yet vibrant atmosphere, making Bear Lake a highly desirable location for those seeking a peaceful escape. Don't miss out on this rare opportunity - schedule your private showing today and start living the lake life!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Lake Access, Lake/Pond, Sloping, Waterfront
Interior Features
Guest Accommodations, Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 51 Bayside Drive, 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 $525,000 in McMurrich/Monteith, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.