245 Hammell Road, Red Lake, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $219,000 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.
- 2 Bedrooms and 1 Bathroom
- Spacious lot size measured in Feet
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Convenient other garage included
- Notable attributes: Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Situated on an oversized corner lot, this home is in an ideal location! The exterior has good curb appeal with the updating it has received; there is a detached double garage, a storage shed, and a paved driveway to note as features outside as well. With the main types of trees and fruiting bushes, you will enjoy this yard for years to come. Inside, there are two bedrooms and 1 bathroom upstairs, with a good-sized kitchen and living room, all with newer flooring. Downstairs, there is the possibility for another bedroom or two, or a rec-room if you choose, in the partially finished areas. The location is ideal; this home just needs your own finishing touches. Book your private showing today!
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Pricing & Value Insights
Data-driven valuation for 245 Hammell Road, Red Lake, ON P0V 2M0
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About Purchasing a Home in Red Lake, ON
For a property listed at $219,000 in Red Lake, the legal minimum down payment is $10,950 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 $1,915 for this transaction. As this listing is in Red Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,915.
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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.