5162 HIGHWAY 138, South Stormont, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 716 - South Stormont (Cornwall) Twp. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $270,000 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.
- 2 Bedrooms and 2 Bathrooms
- Premium 221 x 229 ft lot size
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient other configuration
- Efficient forced air heating via gas
Description
Welcome to 5162 Highway 138 in the beautiful village of St. Andrews. This historic 1816 built home lies on the shores of the Raisin River. The large lot offers plenty of opportunity for your hobbies and for entertaining. The property offers 2 bedrooms and 1.5 bathrooms. The character is unmatched with the original wood floors and a layout that is just waiting for you to make it your own. An added bonus is a small barn type structure which has unlimited potential. 24 hour irrevocable on all offers., Flooring: Hardwood
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Property Summary
This detached home located at 5162 HIGHWAY 138, South Stormont is currently for sale and has been available on SousaSells for 762 days. This property is listed at $270,000 with an estimated mortgage of $899* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 5162 HIGHWAY 138, 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.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5162 HIGHWAY 138, South Stormont, ON K0C 2A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in South Stormont, ON
For a property listed at $270,000 in South Stormont, the legal minimum down payment is $13,500 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 $2,525 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 $2,525.
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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.