111 Fox Street, Penetanguishene, ON
Property no longer active
This property was sold on October 23, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 120.12 x 264.03 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Sump Pump
- Efficient forced air heating via gas
Description
Nestled in the highly sought-after area of Penetanguishene, this charming fixer-upper offers endless potential for those looking to create their dream home. Situated on a generous 0.73-acre lot, this property is just a short walk to downtown and the picturesque Penetang Harbour. The property includes a spacious and versatile insulated (foam) and heated (electric furnace) shop, perfect for hobbyists, small business owners, or extra storage. The main house features 1,130 square feet of living space, encompassing 3 bedrooms and 1 bathroom. While the house is in need of updating, its solid structure and metal roof provide a sturdy foundation for renovation. Additionally, the home includes an unfinished basement, offering ample opportunity for additional living space or storage. The property is equipped with solar panels that generate approximately $250 per year, adding a green energy element to this unique opportunity. This property is perfect for investors, renovators, or anyone looking to make their mark in a popular and vibrant community. The Buyer acknowledges and accepts they are purchasing the property on an "as-is, where-is" basis without representation or warranty of any kind offered by the Seller.
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Property Summary
This detached home located at 111 Fox Street, Penetanguishene is currently for sale and has been available on SousaSells for 691 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 111 Fox Street, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 111 Fox Street, Penetanguishene, ON L9M 1E2
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 Penetanguishene, ON
For a property listed at $525,000 in Penetanguishene, the legal minimum down payment is $27,500 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 $6,975 for this transaction. As this listing is in Penetanguishene (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,975.
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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.