12 Balsam Street, Tay, ON

$549,000
MLS#:S12043365
2 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on April 14, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waubaushene. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 79.25 x 62.32 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

RENOVATED BUNGALOW STEPS FROM GEORGIAN BAY PERFECT FOR FIRST TIME BUYERS OR A SHORT TERM RENTAL! Nestled in the serene community of Waubaushene, this beautifully renovated bungalow offers a combination of charm, convenience, and year-round enjoyment. Situated on a private lot enveloped by mature trees, this home is just steps away from the breathtaking shores of Georgian Bay, Tay Shores Trail, and Waubaushene Dock, your gateway to endless outdoor adventures, including hiking, boating, swimming, snowmobiling, and ice fishing. Immerse yourself in this backyard oasis designed for relaxation and entertaining. Enjoy the wrap-around deck complemented by flagstone landscaping, a cozy fire pit for evenings under the stars, and a covered pergola. The expansive garden, complete with a vegetable plot, provides ample space for gardening enthusiasts to thrive, while the charming bunkie with hydro, heat, and A/C offers an inviting space for guests. The home continues to impress with a warm and welcoming interior featuring neutral finishes, engineered hardwood flooring, and soft paint tones. The beautifully updated kitchen shines with cream cabinetry, quartz countertops, stainless steel appliances, and a timeless backsplash. The open-concept living and dining area, highlighted by a cozy electric fireplace, creates the perfect space to relax or entertain. Two bright bedrooms, each with a closet and sliding glass door walkout, provide direct access to the serene outdoor setting and stunning views of the bay. This property is perfect for first-time homebuyers or investors looking for a fantastic short-term rental opportunity with its prime location near the water, guest-friendly features like a private bunkie, stunning outdoor spaces, year-round activities, and a beautifully renovated interior that ensures an unforgettable stay. Dont let this incredible opportunity at 12 Balsam Street pass you by!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 12 Balsam Street, Tay is currently for sale and has been available on SousaSells for 482 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 12 Balsam Street, Tay is in the Waubaushene neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 14, 2025
Sold price information is available to members only
Listed Date3/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space
Lot Size79.25 × 62.32 Feet
CountySimcoe
Annual Tax$1,775.47
Legal DescriptionPT LT 106 E/S BALSAM ST PL 690 TAY AS IN RO1264048 TOWNSHIP OF TAY

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Lake/Pond, Skiing, Other

Interior Features

Sump Pump

Security Features

Smoke Detector

Community Features

Virtual Tours

Location

Initializing map...
12 Balsam Street, Tay, ON
Loading local market trends...

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 12 Balsam Street, Tay, ON L0K 2C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Tay.

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,700 (30.0%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period30 Years
Estimated Monthly Payment$1,827Based on a loan of $384,300 over 30 years.
Purchase Price$549,000
Loan Amount$384,300
Provincial Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$7,455

About Purchasing a Home in Tay, ON

For a property listed at $549,000 in Tay, the legal minimum down payment is $29,900 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 $7,455 for this transaction. As this listing is in Tay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$644,735

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.