764 EAST BEAR LAKE Road, McMurrich/Monteith, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bear Lake. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $599,000 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 307 x 187.85 ft lot
- 4.0 total parking spaces available
- Notable attributes: Other
- Efficient other heating via wood
Description
Update!Shore road allowance purchase soon at it's final stage! Great rental potential! A captivating 3 bedroom bungalow cottage on Bear Lake, Sprucedale in the Parry Sound District. The seller has applied to purchase the shore Road allowance. Survey for shore road allowance completed and paid for by the seller ( an approx.$10,000.00 value). Located directly off a year-round municipal maintained road with little traffic. 307 feet of amazing waterfront on 1.3 acres of privacy abutting Crown land with plenty of land to explore directly from this property for a long leisurely walk or hike. Excellent fishing, boating, and swimming right from your dock. Waters edge is just steps away from the cottage. For the avid fisherman, northern pike, walleye, bass, sunfish and perch. A west exposure with a picture sunset filled sky. Enjoy the consistent breeze off the lake and sun all day. New roof shingles in 2024. Open concept, new wood stove in 2021, pine ceilings. Plenty of attic space for storage and potential for vaulted ceiling. Spend your summer days listening to soothing sounds of mother nature while gazing out to the glistening waters from your deck. Gentle entry for swimming and launching a boat. Sand entry and smooth Canadian Shield shoreline. Plenty of wildlife with deer, moose, beaver, and the sounds of loons calling. Enjoy all your boating activities or a nice quiet paddle board. This lake will fulfill your families waterfront needs. All furniture included making this turnkey cottage ready to enjoy before the summer begins. Visit Sprucedale for amenities and full grocery stores just a half hour away. Boat launch nearby. Look no further for your cottage country dream.
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 764 EAST BEAR LAKE Road, McMurrich/Monteith, ON
Q.What is the asking price for 764 EAST BEAR LAKE Road, McMurrich/Monteith, ON ?
The current listing price for 764 EAST BEAR LAKE Road, McMurrich/Monteith, ON in Bear Lake, McMurrich/Monteith is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 764 EAST BEAR LAKE Road, McMurrich/Monteith, ON ?
764 EAST BEAR LAKE Road, McMurrich/Monteith, ON is a Detached (Bungalow) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Wood and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 764 EAST BEAR LAKE Road, McMurrich/Monteith, ON P0A 1Y0
Based on 0 recent similar sales in the pocket.
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 $599,000 in McMurrich/Monteith, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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