326 South River Road, Nipissing, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Nipissing. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $179,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 332.85 x 434.09 ft lot size
Description
Beautiful waterfront lot on Beatty Creek which gives small craft (14ft aluminium boat) access to Lake Nipissing via the South River, at one end of the river (about 15 min by boat) is a picturesque waterfalls with great fishing, and heading the other way on the river leads into Lake Nipissing, also about 15 min by boat.Lots of Maple trees, Birch, and raspberries on the property, along with wild leeks and ferns towards the creek. The terrain has flat buildable land along the road area and slopes towards the rear half of the property down to the creek. The ground is a mix of sand and rocks, very workable land to dig etc.The property is fronted on South River Rd, a year round road with approximately 332ft of frontage. The property depth is approximately 434ft, and the rear property line abutts the Beatty Creek with approximately 305ft. Copy of Survey will be made available to buyer. Zoning is RU allowing many possibilities. Annual Property taxes $463.00. Property has a rock/gravel driveway without culvert. There is a 6" drilled well, and a completed septic system suitable for a 3bdrm house build. There is an exisitng below grade 30ft x 38ft foundation, however it is not usable due to weather exposure but can be filled in and/or use pier foundation if desired. Hydro is available a few hundred meters away up the road, distance TBD. No VTB. *For Additional Property Details Click The Brochure Icon Below*
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Data-driven valuation for 326 South River Road, Nipissing, ON P0H 1W0
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About Purchasing a Home in Nipissing, ON
For a property listed at $179,000 in Nipissing, the legal minimum down payment is $8,950 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 $1,515 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 $1,515.
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