471 Black Cherry Crescent, Shelburne, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Shelburne. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $699,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 36.15 x 114.5 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 471 Black Cherry Crescent, a modern, well-appointed home offering abundant natural light and excellent investment potential, featuring a legal secondary suite with a walk-down basement for added flexibility and income opportunity. This 3+1 bedroom, 4-bathroom residence features wood flooring, brand-new appliances, and a functional open-concept layout designed for comfortable everyday living. Bright principal rooms and generously sized bedrooms create a warm and inviting atmosphere throughout. The finished lower level includes the legal secondary suite, currently tenanted, with tenants willing to extend for up to another year, providing immediate and stable rental income potential. Conveniently located with easy access to commuter routes, nearby shopping, and everyday amenities, this home also offers ample outdoor space for relaxation and enjoyment. Complete with an attached garage and generous parking, this property delivers flexibility, style, and value in one sleek package. A fantastic opportunity for both homeowners and investors.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 471 Black Cherry Crescent, Shelburne, ON L9V 1Y3
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About Purchasing a Home in Shelburne, ON
For a property listed at $699,000 in Shelburne, the legal minimum down payment is $44,900 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 $10,455 for this transaction. As this listing is in Shelburne (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.
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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.