68 Riverside Avenue, South River, ON

$55,000
MLS#:X12596284
0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on February 27, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of South River. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $55,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 50 x 132 ft lot size

Description

Cleared and ready for your new build, this level lot in South River puts you in a convenient spot for work and day-to-day living. It's only two houses from a playground, and an easy commute to both North Bay and Huntsville. South River has everything you need while maintaining lower taxes and a more relaxed pace. You'll find a primary school, high school, dentist, health centre, library, corner store, gas station, grocery store, and more, everything close by without the rush of a larger centre. Whether you're a developer looking for your next project or planning to build your own home, this property is worth a look. Come see how South River could be the right fit for your plans.

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Property Summary

This vacant land located at 68 Riverside Avenue, South River is currently for sale and has been available on SousaSells for 232 days. This property is listed at $55,000 with an estimated mortgage of $183* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 68 Riverside Avenue, South River is in the South River neighborhood.

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

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 27, 2026
Sold price information is available to members only
Listed Date11/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size50 × 132 Feet
CountyParry Sound
Annual Tax$193
Legal DescriptionLT 15 PL 134; SOUTH RIVER

Parking & Garage

Heating & Cooling

Features

Property Features

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Community Features

Location

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68 Riverside Avenue, South River, 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 68 Riverside Avenue, South River, ON P0A 1X0

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 South River.

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Interest Rate4.00%
Down Payment$16,500 (30.0%)
* Minimum Canadian down payment required for this price is $2,750.
Amortization Period30 Years
Estimated Monthly Payment$183Based on a loan of $38,500 over 30 years.
Purchase Price$55,000
Loan Amount$38,500
Provincial Land Transfer Tax:$275
Total Estimated Closing Taxes:$275

About Purchasing a Home in South River, ON

For a property listed at $55,000 in South River, the legal minimum down payment is $2,750 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 $275 for this transaction. As this listing is in South River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $275.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$420,259

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.