422 PARKWOOD Drive, Saugeen Shores, ON

$745,000
MLS#:X10845978
5 beds
3 baths
1500-2000 sqft
6.0 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Property no longer active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 Bungalow detached located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $745,000 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 70 x 128.55 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Air Exchanger, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This home boasts 5 spacious bedrooms, 3 full bathrooms, situated on a prime mature lot of 70 x 128.5 feet. This Reid’s built brick bungalow offers ample space and modern comfort for families of any size. An expansive layout is evident while having separate and private bedrooms spaces. The primary bedroom is conveniently located and includes a roomy ensuite with soaker tub and walk in closet. The main floor presents 9 ft ceilings, a convenient laundry room, light-filled rooms that effortlessly transitions into the kitchen. It has an inviting great room with hardwood flooring, cathedral ceilings and a gas fireplace. Double garden doors seamlessly connect the interior with the outdoor living spaces. A spacious deck is an entertainer’s dream with a nicely landscaped lot with privacy, and a substantial storage shed for your gardening tools. Step down to the finished basement and you will find 2 large bedrooms a full bath and an extra large rec room with two double closets. Again, a great deal of storage throughout this home. A utility room is home to the gas furnace, hot water tank, electrical panel, and sand point pump for the in-ground lawn irrigation system. This property is just a short stroll to Nodwell park, the main beach, and harbour. Include your personal touches to add value and this home could provide everything one could want.

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Property Summary

This detached home located at 422 PARKWOOD Drive, Saugeen Shores is currently for sale and has been available on SousaSells for 696 days. This property is listed at $745,000 with an estimated mortgage of $2,480* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 422 PARKWOOD Drive, 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 Date8/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementFinished, Full
Lot Size70 × 128.55
CountyBruce
Annual Tax$5,003.59
Legal DescriptionPCL 2-1 SEC 3M193; LT 2 PL 3M193; S/T EASEMENT IN GROSS OVER PT 1 PLAN 3R8420 AS IN BR2947; SAUGEEN SHORES

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater, Air Exchanger, Central Vacuum

Security Features

Smoke Detector

Community Features

Location

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422 PARKWOOD Drive, 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 422 PARKWOOD Drive, Saugeen Shores, ON N0H 2C2

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 Saugeen Shores.

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Interest Rate4.00%
Down Payment$223,500 (30.0%)
* Minimum Canadian down payment required for this price is $49,500.
Amortization Period30 Years
Estimated Monthly Payment$2,480Based on a loan of $521,500 over 30 years.
Purchase Price$745,000
Loan Amount$521,500
Provincial Land Transfer Tax:$11,375
Total Estimated Closing Taxes:$11,375

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $745,000 in Saugeen Shores, the legal minimum down payment is $49,500 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 $11,375 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 $11,375.

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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.