56 East Street, Petawawa, ON

$399,900
MLS#:X11821623
4 beds
2 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 7, 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 520 - Petawawa. Expertly crafted featuring premium brick front and aluminum siding construction, this residence presents an exceptional opportunity offered at $399,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 132 x 132 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sump Pump, Water Softener, Water Heater
  • Efficient forced air heating via gas

Description

Location, Location, Location! This 3 bedroom home is a short 1 minute walk to the beach at "The Point". It has a full finished lower level and a bonus addition completed in 2019 which has a beautiful wellness spa, a really great feature for young and old alike! With it's prime location this could be your home, your cottage or the lower level may be rented out on a year to year basis or as a seasonal weekly rental with it being so close to the beach. This is a very versatile property that will suit first time home buyers or even retirees looking to have some additional income. It has been well maintained over the years however it could use some remodelling and the outside does require work to get the landscaping back to its full potential. This is an Estate sale so the home is being sold "As Is Where Is".

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Property Summary

This detached home located at 56 East Street, Petawawa is currently for sale and has been available on SousaSells for 594 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 56 East Street, Petawawa is in the 520 - Petawawa neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 7, 2024
Sold price information is available to members only
Listed Date11/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick Front, Aluminum Siding
BasementFinished
Lot Size132 × 132 Feet
CountyRenfrew
Annual Tax$2,046
Legal DescriptionPLAN 104 PT LOTS 1 AND 2 ALEXANDRA ST S/S

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

River/Stream, School Bus Route, Wooded/Treed

Interior Features

Sump Pump, Water Softener, Water Heater

Security Features

Community Features

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Location

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56 East Street, Petawawa, ON
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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 56 East Street, Petawawa, ON K8H 2N9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Petawawa.

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Interest Rate4.00%
Down Payment$119,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,930 over 30 years.
Purchase Price$399,900
Loan Amount$279,930
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in Petawawa, ON

For a property listed at $399,900 in Petawawa, the legal minimum down payment is $19,995 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 $4,474 for this transaction. As this listing is in Petawawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,474.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 520 - Petawawa, Petawawa.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$546,640

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Herman Street
Public15 Herman Street, Petawawa, Ontario, K8H 1W1
6.4
St Francis of Assisi
Public22 Leeder Lane, Petawawa, Ontario, K8H 0B8
6.3
Valour
Public19 Leeder Lane, Petawawa, Ontario, K8H 0B8
5.2
Our Lady of Sorrows
Public19 Mohns Avenue, Petawawa, Ontario, K8H 2G7
8.4

Secondary Schools

Valour
Public19 Leeder Lane, Petawawa, Ontario, K8H 0B8
5.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.