556 Genesee Lake Road, Powassan, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Powassan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $589,900 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 1100-1500 sqft on a premium 377.18 x 1134.2 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Your own little paradise on 10 acres. Only 5 minutes from Hwy 11, this 3 bedroom 1230 sq. ft. raised Bungalow features Central Air, full basement with Rec Room and 3rd bedroom with possibility to create a 4th bedroom. Primary bedroom with loads of windows for a bright atmosphere. 5 piece bathroom on main level. L-shaped Living Room/Dining room with eat-in kitchen. Lower level features bedroom, 3 piece bathroom, large storage / laundry room, Utility room and more. Large 24 x 24 Double car garage fits up to 4 vehicles. Replaced Shingles on home (2022) and Garage (2024). 2 Garden sheds.
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Property Summary
This detached home located at 556 Genesee Lake Road, Powassan is currently for sale and has been available on SousaSells for 425 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 556 Genesee Lake Road, Powassan is in the Powassan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 556 Genesee Lake Road, Powassan, ON P0H 1Z0
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 $589,900 in Powassan, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.
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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.