63 Howey Street, Red Lake, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $127,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling
Description
Stunning views! All the legwork has been done for this residential lot, situated in a prime location for excellent views of Howey Bay. The lot has been prepped and filled, and graded, with a cement pad poured, complete with in-floor heat piping. A 32ft X 32ft building site is ready to go. City amenities available on the road, including natural gas and hydro. The sewer and water have been prepped, complete with heat trace. Trusses were purchased as well as windows and a patio door. This could be the site of your custom retreat, with much of the expensive work and preparation already complete. What an opportunity!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 63 Howey Street, Red Lake, ON P0V 2M0
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About Purchasing a Home in Red Lake, ON
For a property listed at $127,000 in Red Lake, the legal minimum down payment is $6,350 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 $995 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 $995.
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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.