2903 Pine Point Road, Scugog, ON
Property Highlights
Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of Port Perry. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $699,999 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
- Generous living space spanning 1100-1500 sqft on a premium 113.07 x 300 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient other heating via wood
Description
Situated on a generous 3/4 acre lot just 7 minutes outside of downtown Port Perry, this property offers incredible potential for buyers looking to build equity while enjoying country living with space to grow. Featuring an open-concept main & lower level layout, this 3-bedroom, 2-bath home includes a private main-floor office ideal for working from home or operating a small business. A standout feature is the oversized 24 x 32 garage/workshop with 60-amp service, offering excellent space for contractors, hobbyists, entrepreneurs, or anyone needing extra storage & workspace. Ample parking accommodates vehicles, trailers, equipment, & guests with ease. Located on a well-maintained paved road in a desirable rural setting, this is an excellent opportunity for buyers with vision who aren't afraid to put in some work & make a property their own. A true opportunity-knocks property with endless potential. The solar roof panel system offers additional income potential, adding long-term value to the property. The solar panel system is fully owned and will be assumed by the buyer. The Solar Roof Panel System currently generates income of over $4,000/year with an assumable contract in place until September 2030 (80.2 cents/kWh @ 4.6 kW), at which time a new contract may be negotiated.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2903 Pine Point Road, Scugog, ON L9L 1B4
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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 $699,999 in Scugog, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.
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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.