27 Loraine Avenue, Quinte West, ON

$549,900
MLS#:X11914757
5 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 24, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Trenton Ward. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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 53 x 115 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: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 27 Loraine Ave, nestled in a cozy, family-friendly neighborhood in the east end of Trenton. This charming home offers excellent curb appeal with its inviting brick front. Inside, you'll find 5 spacious bedrooms and 2 bathrooms, providing ample room for your growing family. The fully finished basement is a standout feature, with a large recreation room and a cozy gas fireplace, perfect for entertaining. Enjoy the peace and privacy of the generous backyard, ideal for outdoor gatherings. This home also includes a single-car garage for convenience. Located close to 8 Wing Trenton, Highway 401, and various amenities, this property is an ideal choice for those seeking both comfort and convenience. Don't miss out!

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Property Summary

This detached home located at 27 Loraine Avenue, Quinte West is currently for sale and has been available on SousaSells for 553 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 27 Loraine Avenue, Quinte West is in the Trenton Ward neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 24, 2025
Sold price information is available to members only
Listed Date1/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size53 × 115 Feet
CountyHastings
Annual Tax$3,614.93
Legal DescriptionPCL 8-1 SEC 21M123; LT 8 PL 21M123 SIDNEY; QUINTE WEST ; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Library, Marina, School, Park

Interior Features

Sump Pump

Security Features

Smoke Detector

Community Features

Location

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27 Loraine Avenue, Quinte West, 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 27 Loraine Avenue, Quinte West, ON K8V 6R4

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 Quinte West.

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Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Quinte West, ON

For a property listed at $549,900 in Quinte West, the legal minimum down payment is $29,990 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 $7,473 for this transaction. As this listing is in Quinte West (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Trenton Ward, Quinte West.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$564,638

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

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Secondary Schools

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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.