2 Mitchell Crescent, Mono, ON

$1,888,900
MLS#:X8393508
6 beds
5 baths
3000-3500 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Rural Mono. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,888,900 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.

  • 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 80.38 x 124.81 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Purifier, Water Softener, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Remarkable In Every Way, This Magnificent 4 + 2 Bedroom Bungaloft Is Situated On A Premium 80ft x 124ft Corner Lot That Features A Backyard Oasis & Boasts Almost 3000sqft Of Luxury Living Above Grade PLUS An Open Concept 2250sqft Finished Basement. This Home Has Everything Upgraded Right Down To The Door Handles. It Boast Upgraded Scaped Walnut Floors, Porcelain Tiles, Custom Wainscotting With Upgraded Baseboards Throughout. A Large Main Floor Office Perfect For Those Work From Home Days Or Use It as Another Bedroom, Kids Playroom, etc... High End Window Coverings Throughout, Pot Lights (Inside and Outside), Elegant Light Fixtures Throughout. Great Room With Valeted Ceilings, Gas Fireplace, Millwork To The Ceiling & A 2nd Floor Loft With An Open To Below, Another Bedroom & Full Washroom. Upgraded Kitchen With Extended Cabinets, Jenn Air Built-In Appliance's, Pot Filler, Backsplash, Doors To Your Backyard To Access Your Inground Pool & Patio For Entertaining. A Main Floor Primary Bedroom With Walk-In Closets, Built-In Custom Cabinets, A Spa Like 5 Piece Ensuite. The Main Floor Laundry Has Custom Cabinets, Closet With Organizer & Access To The Heated Oversized 3 Car Garage. The Professionally Finished Approx. 2230sqft Open Concept Basement Has Another Bedroom Full Washroom, Kitchen & All Oversized Windows. This Home Is Truly An Entertainers Dream Home With Parking For Up To 10 Cars (3 In Garage) & Close To Schools, Downtown Orangeville, Trails At Island Lake, Hockley Valley Resort & So Much More!

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Property Summary

This detached home located at 2 Mitchell Crescent, Mono is currently for sale and has been available on SousaSells for 772 days. This property is listed at $1,888,900 with an estimated mortgage of $6,287* per month. It has 6 beds, 5 bathrooms, and is 3000-3500 square feet. 2 Mitchell Crescent, Mono is in the Rural Mono neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
5
Kitchens
2
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 12, 2024
Sold price information is available to members only
Listed Date5/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionAluminum Siding, Brick
BasementFinished
Lot Size80.38 × 124.81 Feet
CountyDufferin
Annual Tax$7,248.1
Legal DescriptionLOT 41, PLAN 7M66 SUBJECT TO AN EASEMENT FOR ENTRY AS IN DC175757 TOWN OF MONO

Parking & Garage

Parking Spaces10.0
Garage Spaces7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route, Skiing, School, Golf, Hospital, Fenced Yard

Interior Features

Water Purifier, Water Softener, Sump Pump, Primary Bedroom - Main Floor, In-Law Capability

Security Features

Security System

Community Features

Location

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2 Mitchell Crescent, Mono, 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 2 Mitchell Crescent, Mono, ON L9W 6W6

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mono.

Configure Loan Settings

Interest Rate4.00%
Down Payment$566,670 (30.0%)
* Minimum Canadian down payment required for this price is $377,780.
Amortization Period30 Years
Estimated Monthly Payment$6,287Based on a loan of $1,322,230 over 30 years.
Purchase Price$1,888,900
Loan Amount$1,322,230
Provincial Land Transfer Tax:$34,253
Total Estimated Closing Taxes:$34,253

About Purchasing a Home in Mono, ON

For a property listed at $1,888,900 in Mono, the legal minimum down payment is $377,780 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 $34,253 for this transaction. As this listing is in Mono (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,253.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,626,119

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

Mono-Amaranth
Public246303 Hockley Road, Mono, Ontario, L9W 6K4
6.7

Secondary Schools

No secondary schools data loaded.

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.