7 Old Cut Boulevard, Norfolk, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Long Point. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $442,000 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 70 x 160 ft lot size
Description
This 70 foot wide building lot on Long Point's well known Old Cut Blvd is waiting for you to build your dream home or cottage! The former cottage on this lot was torn down and removed after a fire, The lot is clean with extra fill that was brought in and the lot leveled in parts .This area offers boating, marinas, parks, nature trails all close to the sandy beaches of Long Point. This property has a water point and holding tank on the lot, plus hydro and fiber optic internet is available at the road. Also included are 2 garden sheds and an outdoor shower. Alternate mls# 40751862
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This could be the first listing for this address.
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Data-driven valuation for 7 Old Cut Boulevard, Norfolk, ON N0E 1M0
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About Purchasing a Home in Norfolk, ON
For a property listed at $442,000 in Norfolk, the legal minimum down payment is $22,100 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 $5,315 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,315.
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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.