2774 Old Fort Road, Tay, ON

$649,900
MLS#:S9246907
5 beds
2 baths
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 22, 2024. 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 construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 213 x 264 ft lot size
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

RURAL LIVING! Welcome to your slice of serene country living! Nestled on 1.28 acres (213' x 264'), this charming brick bungalow backs onto the picturesque Wye Marsh land, offering a tranquil and natural backdrop. Perfectly situated on the border between Midland and Tay Township, you're just minutes from town, ensuring easy access to all amenities. This property features a versatile pole barn equipped with solar panels, providing credits on your electricity costsa great addition for eco-conscious buyers. The single car garage offers additional storage and parking, while the chicken coop adds a touch of rural charm & functionality. The home itself also boasts a functional layout with 3 bedrooms upstairs and 2 bedrooms downstairs, providing ample space for a growing family or guests. Enjoy the new deck off of the primary bedroom with a walkout, perfect for morning coffee or evening relaxation. With 2 full bathrooms, one on each level, convenience is at your fingertips. The lower level family room features a cozy wood-burning fireplace, creating a warm and inviting space for gatherings or quiet nights in. Outside, the raised bed gardening area awaits your green thumb, ready for cultivating fresh produce or beautiful blooms. This home and property offer plenty of privacy and opportunity for you to put your personal touch on it and make it your own. Embrace the potential and envision the possibilities! Don't miss the chance to own this unique property with both rural charm and convenient access to town. Start dreaming of all the ways you can make this house your home.

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Property Summary

This detached home located at 2774 Old Fort Road, Tay is currently for sale and has been available on SousaSells for 711 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 2774 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
5
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 22, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
Lot Size213 × 264 Feet
CountySimcoe
Annual Tax$2,935.44
Legal DescriptionPT LT 15 CON 3 TAY PT 1, 51R9585; TAY

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Greenbelt/Conservation, Marina, Park, River/Stream

Interior Features

Sump Pump, Water Heater Owned, Water Softener, Water Treatment

Security Features

Community Features

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Location

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2774 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 2774 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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Properties in this area are selling at a steady pace.

Market Trend
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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$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Tay, ON

For a property listed at $649,900 in Tay, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

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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.