Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 716 - South Stormont (Cornwall) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $75,000 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.
Here is the chance to own a country property at an affordable price. This 0.77 acre triangular lot features many trees and is just a short drive to both Cornwall and Ottawa. Sitting on the property is an abandoned house which is not inhabitable. There is a well and septic system on the property but no representation is being made by the Seller with respect to the condition or functionality of either. Power is disconnected. This home will need to be demolished or fully and completely renovated. It is not inhabitable. Traditional financing may not be possible due to the condition of the home so please inquire with your lender. As per form 244 sellers require 24h irrevocable on all offers.
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This detached home located at 16517 Black River Road, South Stormont is currently for sale and has been available on SousaSells for 288 days. This property is listed at $75,000 with an estimated mortgage of $250* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 16517 Black River Road, South Stormont is in the 716 - South Stormont (Cornwall) Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Wooded/Treed
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16517 Black River Road, South Stormont, ON K0C 1R0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Stormont.
About Purchasing a Home in South Stormont, ON
For a property listed at $75,000 in South Stormont, the legal minimum down payment is $3,750 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 $475 for this transaction. As this listing is in South Stormont (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $475.
Comprehensive city-wide demographics, local real estate stats, and school rankings for 716 - South Stormont (Cornwall) Twp, South Stormont.
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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.