16061 Island Road, Scugog, ON
Property Highlights
Welcome to this remarkable vacant 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 $525,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 375.14 x 156.67 ft lot size
- Notable attributes: None
Description
A better building lot is hard to find. Level and dry, easily accessible, generous frontage on the primary road onto Scugog Island, this is the building lot you've been hoping to find. Only minutes to Port Perry, this property offers a generous frontage of 375 feet, is 1.35 acres overall in a straight forward rectangular, in an idyllic rural setting. An excellent location for your new home, on the school bus route and only 20 minutes to the 407 at Simcoe/Oshawa it's the best of all worlds. If you've been thinking about a home based business, it is ideal spot to serve the Island community. Great vistas, including some lake views, the property is located on the school bus route and within walking distance to Scugog Shores Museum, Marcella's Gluten Free Bakery and Antique Barns.
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Property Summary
This vacant land located at 16061 Island Road, Scugog is currently for sale and has been available on SousaSells for 631 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 16061 Island Road, Scugog is in the Port Perry neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
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Features
Property Features
Beach, Lake/Pond, School Bus Route, Greenbelt/Conservation
Interior Features
None
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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 16061 Island Road, Scugog, ON L9L 1B4
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 Scugog, ON
For a property listed at $525,000 in Scugog, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.