7B Bunchberry Lane, North Algona Wilberforce, ON
Property Highlights
Welcome to this remarkable Other detached located in the coveted neighborhood of 561 - North Algona/Wilberforce Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $175,000 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 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 85 x 250 ft lot
- 4.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via other
Description
Turn Your Cottage Dreams into Reality on Golden LakeHere's your chance to own a slice of waterfront paradise on beautiful Golden Lake! Set on an almost half-acre lot with approximately 83 feet of water frontage (shoreline road allowance under water), this property offers incredible potential for the right buyer looking to create their ideal lakeside retreat.The property currently features a seasonal dwelling (under 700 sq ft) with 60 amp fuses, along with a shed and privy. The existing structure requires significant work and the privy will need to be replaced-making this an excellent opportunity for those considering a renovation project or a fresh start with a new build.Preliminary inquiries with the township and a well driller indicate there is sufficient space on the lot to accommodate both a well and septic system. That said, buyers are strongly encouraged to conduct their own due diligence regarding development possibilities. Potential Buyers must be accompanied by a Realtor onto the property. Located in a sought-after area, Golden Lake is known for its stunning scenery, recreational opportunities, and peaceful setting-perfect for boating, fishing, and relaxing getaways.
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Pricing & Value Insights
Data-driven valuation for 7B Bunchberry Lane, North Algona Wilberforce, ON K0J 1X0
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About Purchasing a Home in North Algona Wilberforce, ON
For a property listed at $175,000 in North Algona Wilberforce, the legal minimum down payment is $8,750 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 $1,475 for this transaction. As this listing is in North Algona Wilberforce (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,475.
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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.