63 Lorne Avenue, Penetanguishene, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 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 1100-1500 sqft on a premium 69.44 x 123.76 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to 63 Lorne Avenue in Penetanguishene! This well-maintained all-brick raised bungalow offers 3+2 bedrooms, 2 full bathrooms, and plenty of space for the whole family. The bright and spacious kitchen features ample cupboard space and flows into the main living areas, highlighted by beautiful hardwood flooring. A large three-season sunroom provides the perfect spot to relax and enjoy views of the backyard throughout much of the year. The fully finished lower level offers additional living space with two bedrooms and a cozy woodstove, creating a warm and inviting atmosphere. Step outside to your private, fully fenced backyard oasis, complete with a in-ground saltwater pool, patio area, and gazebo, ideal for entertaining or enjoying summer days with family and friends. Additional features include an attached garage with storage shelving and a backyard storage shed. Located in the desirable Brule Heights neighbourhood, this home is within easy walking distance of schools and offers convenient access to local shopping, marinas, parks, and all the amenities Penetanguishene has to offer. Don't miss your opportunity to make this fantastic family home your own, book your showing today!
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Pricing & Value Insights
Data-driven valuation for 63 Lorne Avenue, Penetanguishene, ON L9M 1H8
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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 $599,900 in Penetanguishene, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.