512 SOUTH RIVER Road, Nipissing, ON
Property no longer active
This property was sold on July 15, 2024. This listing is for reference purposes only. to view the sold price.
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 $169,900 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.
- 0 Bedrooms and 0 Bathrooms
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
Description
Lots of opportunity to build your dream home, cottage or just clear a spot to park an RV on this 5.5 acre waterfront lot. This property has over 900 feet of water frontage on Beatty Creek and the South River that flows directly into Lake Nipissing giving you access to everything that the third largest lake in Ontario has to offer. If you go the other way down the river from the property, you will find some chutes where Sturgeon go to spawn and the view is spectacular.
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Property Summary
This vacant land located at 512 SOUTH RIVER Road, Nipissing is currently for sale and has been available on SousaSells for 767 days. This property is listed at $169,900 with an estimated mortgage of $566* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 512 SOUTH RIVER 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 512 SOUTH RIVER 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 $169,900 in Nipissing, the legal minimum down payment is $8,495 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 $1,424 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 $1,424.
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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.