2540 Old Fort Road, Tay, ON

$1,000,000
MLS#:S11938381
4 beds
4 baths
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 10, 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 Rural Tay. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,000,000 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
  • Premium 40.29 x 356.37 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, ERV/HRV, Guest Accommodations
  • equipped with central air central cooling and highly efficient radiant heating via propane

Description

Discover your dream lifestyle on this picturesque 5.4-acre Georgian Bay hobby farm, just a short drive from town and highway access. Built in 2023, this energy-efficient, open-concept home features solar panels, a heat pump, and in-floor heating. The great room showcases a rustic stone wood-burning fireplace, flowing into a bright country kitchen with pot lights, a center island, and a dining area. The primary suite offers a walk-in closet and ensuite, while the fully finished basement offers extra living space, bedrooms, and a 7x10 sauna. Step outside and relax on the front verandah or two walk-out decks, perfect for enjoying sunsets and fall colors. Accessibility is seamless with a lift in the oversized heated, double garage featuring 3 insulated garage doors. Outbuildings include a versatile 26x20 garage/workshop with hydro and a concrete structure ready for chickens or tools. Fenced areas are perfect for horses, sheep, or other livestock. Perfect for homesteading, the property boasts raised organic gardens, fruit trees, berry bushes, and asparagus beds. All with your own private pond surrounded by trees to ensure privacy and tranquility. Conveniently located just 5 minutes from Midland, 30 minutes to Barrie or Orillia, and 90 minutes from the GTA, this property is your gateway to a sustainable and peaceful lifestyle. **EXTRAS** Reach out for a list of upgrades

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Property Summary

This detached home located at 2540 Old Fort Road, Tay is currently for sale and has been available on SousaSells for 544 days. This property is listed at $1,000,000 with an estimated mortgage of $3,329* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 2540 Old Fort Road, Tay is in the Rural Tay neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 10, 2025
Sold price information is available to members only
Listed Date1/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size40.29 × 356.37 Feet
CountySimcoe
Annual Tax$3,097.04
Legal DescriptionPT E1/2 LT 13 CON 3 TAY PT 1 & 2, 51R5267; TAY

Parking & Garage

Parking Total12.0
Parking Space10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

Golf, Lake/Pond, Library, Marina, Place Of Worship, School

Interior Features

Auto Garage Door Remote, ERV/HRV, Guest Accommodations, In-Law Capability, On Demand Water Heater, Primary Bedroom - Main Floor, Propane Tank, Sauna, Solar Owned, Storage, Sump Pump, Water Heater Owned, Water Softener, Wheelchair Access

Security Features

Smoke Detector

Community Features

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Location

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2540 Old Fort Road, Tay, 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 2540 Old Fort Road, Tay, ON L4R 4K3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$300,000 (30.0%)
* Minimum Canadian down payment required for this price is $200,000.
Amortization Period30 Years
Estimated Monthly Payment$3,329Based on a loan of $700,000 over 30 years.
Purchase Price$1,000,000
Loan Amount$700,000
Provincial Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$16,475

About Purchasing a Home in Tay, ON

For a property listed at $1,000,000 in Tay, the legal minimum down payment is $200,000 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 $16,475 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 $16,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$934,968

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.