503 MORRISON Street, Powassan, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Trout Creek. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $519,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 201.17 x 160.03 ft lot
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum
- Efficient baseboard heating via gas
Description
Enjoy small town living in this 3 bedroom, 2 bath family home with attractive curb appeal. Situated on a corner lot, and located in the family friendly Town of Trout Creek, this property also includes an additional lot for even more outside space. A covered front entrance, welcomes guests. On the main floor you find a large living room, kitchen with dining area, step down to a family room with doors to the large back deck, a convenient 3-pc bath and main floor laundry. Upstairs, the primary bedroom has a walk-in closet and there is a 4-pc family bath with 2-more ample bedrooms. An approx. 5'3 crawl space, cold room, and numerous closets throughout provide lots of storage. Outside features include an attached 2-car garage, a double driveway, and large yard for your toys, gardens or pets. Electric baseboard and a free standing gas stove provide heat. Located just off Hwy 11, a short commute to North Bay and part of the Municipality of Powassan. Live in an area enjoyed by many for its many lakes, trails, and outdoor recreational activities. Welcome home.
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Property Summary
This detached home located at 503 MORRISON Street, Powassan is currently for sale and has been available on SousaSells for 427 days. This property is listed at $519,900 with an estimated mortgage of $1,731* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 503 MORRISON Street, Powassan is in the Trout Creek 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 503 MORRISON Street W, Powassan, ON P0H 2L0
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 Powassan, ON
For a property listed at $519,900 in Powassan, the legal minimum down payment is $26,990 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 $6,873 for this transaction. As this listing is in Powassan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,873.
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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.