656 Drummond Drive, Saugeen Shores, ON

$620,000
MLS#:X8485408
3 beds
2 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 31, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $620,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 60.5 x 100 ft lot size
  • 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: Water Heater
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via other

Description

Welcome to your future home, a stunning residence nestled in a tranquil neighbourhood, perfect for young and growing families seeking both comfort and convenience. This beautifully updated property blends modern amenities with classic charm, ideal for creating lasting memories. You'll be greeted by the charming curb appeal featuring a brick facade and lush greenery. The massive concrete driveway leads to an attached 1-cargarage, providing ample parking space for you and your guests. Inside, discover a bright and inviting living room with large windows that flood the space with natural light. The updated floors throughout the home adda touch of modern elegance. The sleek, modern kitchen boasts pristine white cabinetry, stainless steel appliances, and a functional layout flowing seamlessly into the dining area. The comfortable bedrooms feature stylish finishes and ample closet space. The lower level highlights a fully updated basement with a cozy gas fireplace, perfect for family gatherings, and a walk-out that enhances indoor-outdoor living. Step outside to your private backyard oasis with a spacious deck for lounging and entertaining, a concrete patio/terrace for outdoor dining, and a secluded setting surrounded by mature trees and hedges for privacy. This space is ideal for relaxation and family activities. Located on a quiet side street, this home offers a peaceful retreat while being close to all amenities. You'll be within walking distance to downtown, a popular rail trail, schools, and a nearby park, ensuring all your daily needs and recreational activities are just moments away.

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Property Summary

This detached home located at 656 Drummond Drive, Saugeen Shores is currently for sale and has been available on SousaSells for 750 days. This property is listed at $620,000 with an estimated mortgage of $2,064* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 656 Drummond 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
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionAluminum Siding, Brick
BasementFull, Finished
Lot Size60.5 × 100 Feet
CountyBruce
Annual Tax$3,194
Legal DescriptionPT LT 36 PL 634 PT 2, 3R3046 TOWN OF SAUGEEN SHORES

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Beach, Park, Place Of Worship, School

Interior Features

Water Heater

Security Features

Community Features

Location

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656 Drummond 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 656 Drummond Drive, Saugeen Shores, ON N0H 2C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$186,000 (30.0%)
* Minimum Canadian down payment required for this price is $37,000.
Amortization Period30 Years
Estimated Monthly Payment$2,064Based on a loan of $434,000 over 30 years.
Purchase Price$620,000
Loan Amount$434,000
Provincial Land Transfer Tax:$8,875
Total Estimated Closing Taxes:$8,875

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $620,000 in Saugeen Shores, the legal minimum down payment is $37,000 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 $8,875 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 $8,875.

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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.