5 Lucy Street, Penetanguishene, ON
Property no longer active
This property was sold on August 17, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 108 x 90 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient other heating via gas
Description
Top 5 Reasons You Will Love This Home: 1) Meticulously cared for, this charming century home exudes timeless appeal, benefits from a new high-efficiency boiler and boasts modern features, including a double-car garage complete with a fast level 2 EV charger 2) Beautiful living room with a wood-burning fireplace, accent wall, and large bright windows, creating a warm and inviting atmosphere 3) Main level bedroom with an ensuite, complemented by an updated kitchen with a pantry and four additional bedrooms, perfect for a growing family and generational living 4) Beautifully landscaped yard with mature gardens, covered decks, and new eaves with leaf guards, all offering both beauty and functionality 5) Prime location within walking distance of the library, downtown shops, and restaurants, providing convenience and a vibrant lifestyle. Age 128. Visit our website for more detailed information.
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Property Summary
This detached home located at 5 Lucy Street, Penetanguishene is currently for sale and has been available on SousaSells for 724 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 5 beds, 2 bathrooms, and is 2000-2500 square feet. 5 Lucy 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Lucy Street, Penetanguishene, ON L9M 1K7
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 $699,900 in Penetanguishene, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.