304 LAKE NIPISSING RD Road, Nipissing, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Nipissing. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $240,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 260 x 300 ft lot
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient baseboard heating via wood
Description
**Brand New Drilled Well** This home sits on nearly 2 acres of land, with a mix of bush and beautifully cleared areas. Extremely conveniently located a few km from Lake Nipissing and two marinas for launching your boat and enjoying all the Lake has to offer. The home has two generous sized bedrooms and a livingroom with vaulted ceilings and large windows. Additionally you'll find a one car detached garage, storage shed and SeaCan for all of your storage needs. The home needs a bit of TLC but well worth the work!
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Property Summary
This detached home located at 304 LAKE NIPISSING RD Road, Nipissing is currently for sale and has been available on SousaSells for 415 days. This property is listed at $240,000 with an estimated mortgage of $799* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 304 LAKE NIPISSING RD Road, Nipissing is in the Nipissing neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 304 LAKE NIPISSING RD Road, Nipissing, ON P0H 1W0
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 Nipissing, ON
For a property listed at $240,000 in Nipissing, the legal minimum down payment is $12,000 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 $2,125 for this transaction. As this listing is in Nipissing (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,125.
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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.