5 Framar Avenue, Scugog, ON

$674,900
MLS#:E9284551
2 beds
1 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Port Perry. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $674,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 132.2 x 214.8 ft lot size
  • 4.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Water Softener
  • Efficient other heating via gas

Description

Steps to Lake Scugog! Renovated and updated 2 bed 1 bath home offering warm rustic charm and ideally located 5 minutes from the heart of downtown Port Perry and 1 minute to the Trading Post; living room with wood plank ceiling, pine floors, walkout to deck, natural gas stove , 2 skylights, and open to bright & airy dining area with pine floors and 2 windows overlooking property; updated kitchen with good cabinet space, subway tile backsplash, custom wood countertop & pine flooring; primary bedroom with 12' cathedral ceiling and large closet ; 30' x 12' entertaining sized deck with steps down to yard; detached shed; move in and enjoy

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Property Summary

This detached home located at 5 Framar Avenue, Scugog is currently for sale and has been available on SousaSells for 685 days. This property is listed at $674,900 with an estimated mortgage of $2,246* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 5 Framar Avenue, Scugog is in the Port Perry neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 17, 2024
Sold price information is available to members only
Listed Date8/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementNone
Lot Size132.2 × 214.8 Feet
CountyDurham
Annual Tax$3,293.85
Legal DescriptionLT 28, PL 794 ; SCUGOG

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Marina, School Bus Route

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned, Water Softener

Security Features

Alarm System

Community Features

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Location

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5 Framar Avenue, 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 5 Framar Avenue, Scugog, ON L9L 1B2

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.

Market Trend
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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$202,470 (30.0%)
* Minimum Canadian down payment required for this price is $42,490.
Amortization Period30 Years
Estimated Monthly Payment$2,246Based on a loan of $472,430 over 30 years.
Purchase Price$674,900
Loan Amount$472,430
Provincial Land Transfer Tax:$9,973
Total Estimated Closing Taxes:$9,973

About Purchasing a Home in Scugog, ON

For a property listed at $674,900 in Scugog, the legal minimum down payment is $42,490 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 $9,973 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 $9,973.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,197,337

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.