786 Fife's Bay Marina Lane, Selwyn, ON

$1,199,900
MLS#:X8457468
3 beds
1 baths
1100-1500 sqft
9.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of Selwyn. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $1,199,900 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 86.9 x 190.75 ft lot
  • Features a finished with walk-out, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 786 Fife's Bay Marina Lane on beautiful Chemong Lake! All furnishings, pontoon boat and so much more are included in this turnkey 2+1 bed, 1 bath home on a gorgeous landscaped lot with 126 of waterfront, stunning west lake views and sunsets. Enjoy morning coffees, or evening drinks on the multi level deck. Relax in sun or shade, or enjoy watersports and fishing. The upgrades of this home offer quality, function, and beauty featuring a new kitchen with premium appliances, quartz counters. Cold A/C in summer, cozy natural gas heat in the winter! The exceptional main floor has a vaulted kitchen/living room, stone gas fireplace. The beautiful main bedroom has a walkout to the deck. The upgraded bath is spacious and elegant, and the 2nd bedroom is quiet and comfortable. Downstairs is a large family room with a lake view and walkout to patio, a bedroom, laundry, storage room, workshop, walkout to mudroom and side entrance. This home has been impeccably maintained. Get ready to create happy memories by the lake!

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Property Summary

This rural residential located at 786 Fife's Bay Marina Lane, Selwyn is currently for sale and has been available on SousaSells for 758 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 786 Fife's Bay Marina Lane, Selwyn is in the Selwyn 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 DateOctober 4, 2024
Sold price information is available to members only
Listed Date6/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural StyleBungalow
ConstructionBoard & Batten
BasementFinished with Walk-Out, Walk-Out
Lot Size86.9 × 190.75 Feet
CountyPeterborough
Annual Tax$2,700
Legal DescriptionPt Lt 4 Con 5 Smith as in R643299 t/w R643299 Twp of Selwyn

Parking & Garage

Parking Spaces9.0
Garage Spaces8
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Lake/Pond, Marina, Sloping, Terraced, Waterfront

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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786 Fife's Bay Marina Lane, Selwyn, 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 786 Fife's Bay Marina Lane, Selwyn, ON K9J 6X3

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 Selwyn.

Configure Loan Settings

Interest Rate4.00%
Down Payment$359,970 (30.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,930 over 30 years.
Purchase Price$1,199,900
Loan Amount$839,930
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Selwyn, ON

For a property listed at $1,199,900 in Selwyn, the legal minimum down payment is $239,980 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 $20,473 for this transaction. As this listing is in Selwyn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$968,539

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.