247 KNOWLES Lane, Saugeen Shores, ON

$1,264,000
MLS#:X10847904
5 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,264,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50.23 x 108.1 ft lot
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your dream home! This stunning 5-bedroom, 3-bathroom residence offers 2400 sq ft of luxurious living space. Completed in 2019, this modern gem features an open-concept kitchen, dining, and living room, perfect for entertaining and family gatherings. Enjoy evenings by the gas fireplace in the cozy living area. Step out from the dining room onto a massive 28 ft by 10 ft deck, ideal for summer barbecues and soaking in the serene surroundings. The lower-level walk-out provides additional living space, perfect for a game room or guest suite. Located in the heart of the Southampton cottage area, this home is just steps from Lake Huron’s welcoming beaches. Enjoy the convenience of being close to the Southampton Tennis Club and a short walk to High Street’s charming shops and restaurants. Don’t miss this opportunity to own a piece of paradise in one of Southampton’s most desirable locations. Schedule your viewing today and start living the lakeside lifestyle you've always dreamed of!

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Property Summary

This detached home located at 247 KNOWLES Lane, Saugeen Shores is currently for sale and has been available on SousaSells for 699 days. This property is listed at $1,264,000 with an estimated mortgage of $4,207* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 247 KNOWLES Lane, Saugeen Shores is in the Saugeen Shores neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementWalk-Out, Finished
Lot Size50.23 × 108.1
CountyBruce
Annual Tax$6,124.85
Legal DescriptionPART LOT 36, E/S LAKE ST, PLAN SOUTHAMPTON, PART 1, PLAN 3R10166 TOWN OF SAUGEEN SHORES

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Water Heater Owned, Air Exchanger

Security Features

Community Features

Location

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247 KNOWLES Lane, Saugeen Shores, 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 247 KNOWLES Lane, Saugeen Shores, ON N0H 2L0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Saugeen Shores.

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Interest Rate4.00%
Down Payment$379,200 (30.0%)
* Minimum Canadian down payment required for this price is $252,800.
Amortization Period30 Years
Estimated Monthly Payment$4,207Based on a loan of $884,800 over 30 years.
Purchase Price$1,264,000
Loan Amount$884,800
Provincial Land Transfer Tax:$21,755
Total Estimated Closing Taxes:$21,755

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $1,264,000 in Saugeen Shores, the legal minimum down payment is $252,800 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 $21,755 for this transaction. As this listing is in Saugeen Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,755.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Saugeen Shores, Saugeen Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$814,136

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.