4740 Malcolm Road, Scugog, ON

$774,900
MLS#:E9397098
3 beds
1 baths
1100-1500 sqft
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 14, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Scugog. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $774,900 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 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 185.99 x 352 ft lot
  • Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via oil

Description

This charming brick bungalow offers the perfect blend of country living and modern comfort on 1.5 acres! Enjoy expansive views and plenty of space with three bedrooms and an open-concept layout. The partially finished basement provides additional room for activities, while the full basement beneath the garage adds even more storage potential.Step outside to the spacious deck, ideal for entertaining, and take a dip in the above-ground pool during those hot summer days.

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Property Summary

This detached home located at 4740 Malcolm Road, Scugog is currently for sale and has been available on SousaSells for 639 days. This property is listed at $774,900 with an estimated mortgage of $2,579* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 4740 Malcolm Road, Scugog is in the Rural Scugog neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 14, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished, Separate Entrance
Lot Size185.99 × 352 Feet
CountyDurham
Annual Tax$5,445
Legal DescriptionPT LT 24 CON 7, CARTWRIGHT, PART 1 PLAN 40R28205 TOWNSHIP OF SCUGOG

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route, Level, Clear View

Interior Features

Water Heater Owned, Water Treatment

Security Features

Community Features

Location

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4740 Malcolm Road, Scugog, 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 4740 Malcolm Road, Scugog, ON L0B 1L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$232,470 (30.0%)
* Minimum Canadian down payment required for this price is $52,490.
Amortization Period30 Years
Estimated Monthly Payment$2,579Based on a loan of $542,430 over 30 years.
Purchase Price$774,900
Loan Amount$542,430
Provincial Land Transfer Tax:$11,973
Total Estimated Closing Taxes:$11,973

About Purchasing a Home in Scugog, ON

For a property listed at $774,900 in Scugog, the legal minimum down payment is $52,490 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 $11,973 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 $11,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Scugog, Scugog.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,220,142

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.