7 Lorna Drive, Sault Ste Marie, ON
Property Highlights
Welcome to this remarkable Backsplit 3 semi-detached located in the coveted neighborhood of Sault Ste Marie. 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 29.92 x 117.7 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
STARTER/DOWNSIZER SEMI DETACHED HOME ON THE EAST END. FEATURING 2 +2 BEDS, 2 BATHS, LAMINATE FLOORS THROUGHOUT. FINISHED BASEMENT WITH REC ROOM PLUS 2 EXTRA BEDS AND A BATH. EXTRA FEATURES INCLUDE, AIR CONDITIONING, FENCED BACKYARD WITH DECK, WHEELCHAIR ACCESSIBLE, SHINGLES REPLACED 2020, PAVED DRIVEWAY
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Property Summary
This detached home located at 7 Lorna Drive, Sault Ste Marie is currently for sale and has been available on SousaSells for 724 days. This property is listed at $219,000 with an estimated mortgage of $729* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 7 Lorna Drive, Sault Ste Marie
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7 Lorna Drive, Sault Ste Marie, ON P6A 6H4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Sault Ste Marie, ON
For a property listed at $219,000 in Sault Ste Marie, 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 Sault Ste Marie (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.