718089 1st Line, Mulmur, ON
Property no longer active
This property was sold on October 22, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Mulmur. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $2,500,000 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 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 1395.92 x 1278.77 ft lot
- Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 18.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
A true Mulmur gem! Nestled in a magical setting, this exquisite custom-built home offers a breathtaking view of the river, where the gentle sounds of flowing water create a tranquil atmosphere throughout the home. The meandering driveway takes you far off the road into the 64.47acre property where you are greeted with a large open clearing and end at a thoughtfully designed home surrounded by beautiful gardens. The impressive home includes a beautiful great room, large open concept kitchen where you can watch the fish jump while doing your dishes, a sunroom perfect for watching the sunset and a lovely back deck where you can listen and admire the water while eating your dinner. The basement offers a separate entrance, where you can create additional living space for loved ones. The property consists of mixed hardwood and has several trails throughout to explore. As an added bonus, there is a separate entrance to a lower clearing on the property, offering the potential to add another dwelling or perhaps sever. Here you can create a place where your whole family can enjoy, whether it be on the weekends or full time. With its extreme privacy and enchanting surroundings, this home is more than just a place to live; it's a sanctuary that offers an unparalleled lifestyle.
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Property Summary
This detached home located at 718089 1st Line, Mulmur is currently for sale and has been available on SousaSells for 666 days. This property is listed at $2,500,000 with an estimated mortgage of $8,322* per month. It has 3 beds, 3 bathrooms, and is 2500-3000 square feet. 718089 1st Line, Mulmur is in the Rural Mulmur neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Part Cleared, Level, Waterfront, River/Stream, Skiing
Interior Features
In-Law Capability
Security Features
Community Features
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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 718089 1st Line, Mulmur, ON L9V 0G3
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 Mulmur, ON
For a property listed at $2,500,000 in Mulmur, the legal minimum down payment is $500,000 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 $48,975 for this transaction. As this listing is in Mulmur (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,975.
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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.