8 Riverside Drive, Mono, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Mono. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,545,000 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Premium 126 x 194 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rarely offered Cardinal Woods 3 car garage Bungalow (approximately 3700 total sq feet , including finished basement) Estate home on quiet much sought after area of Mono! Wonderful curb appeal and landscaping greet you as you walk up to front entrance. Incredible, picturesque 1/2 Acre Lot Backing Onto Trees For Amazing Privacy!! High End Eat-In Kitchen With Centre Island, B/I Appl, Modern Cabinets, rooms flow with elegant decor to multiple Walkouts onto beautiful deck and stunning Fully Fenced backyard views and private paradise! Move in ready home is in wonderful condition. Three large bedrooms on main + an office which can be used as a 4th bedroom. Newly renovated primary ensuite. Lower area features another bedroom, extra large recreation room, 3 piece washroom, kitchen and walk out to patio! This creates many possibilities including an in law suite There is also a workshop in the lower area. Furnace and HRV system 2023, central air conditioner 2018, Roof, Eavestrough , Soffit 2017, Ensuite Reno 2019, Exterior Pot lights, 9 car driveway parking + 3 garage parking (12 total parking)
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Property Summary
This detached home located at 8 Riverside Drive, Mono is currently for sale and has been available on SousaSells for 689 days. This property is listed at $1,545,000 with an estimated mortgage of $5,143* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 8 Riverside Drive, Mono is in the Rural Mono neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Riverside Drive, Mono, ON L9W 6L4
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 Mono, ON
For a property listed at $1,545,000 in Mono, the legal minimum down payment is $309,000 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 $27,375 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 $27,375.
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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.