132 North Port Road, Scugog, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Port Perry. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,999,998 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
- Premium 100 x 1431 ft lot size
Description
North Port Industrial Park at Port Perry - 3 minutes to Highway 12/7, 18 minutes to Highway 407, 26 minutes to Highway 401; 36 minutes to Highway 404; 11.06 acre Industrial Development Site ready to build! Two parcels of land for a total of 11AC; Zoned M2 & M2-3 with wide range of permitted uses including transportation depot, public works yard, self-storage facility, salvage yard, service & rentals, warehouse space and more; situated close to key transit routes; dry, level graded lot. EP-2 zoning allows for usage as parking / restricted storage but not included in building envelope space; Property taxes are for both properties that must be sold together as the 1 acre parcel fronting to North Port gives public road access to larger property to west; North Port Road frontage property can still be developed with buildings.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 132 North Port Road, Scugog, ON L9L 1B2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Scugog, ON
For a property listed at $3,999,998 in Scugog, the legal minimum down payment is $800,000 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 $86,475 for this transaction. As this listing is in Scugog (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $86,475.
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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.