3-5 Dock Lane, Tay, ON

$2,499,900
MLS#:S9376209
4 beds
4 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Port McNicoll. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $2,499,900 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.

  • 4 Bedrooms and 4 Bathrooms
  • Spacious lot size measured in Feet
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via gas

Description

Top 5 Reasons You Will Love This Home: 1) Exquisite 3,350 square foot low-maintenance 4-season waterfront home with luxurious upgrades, including European white oak flooring and heated flooring throughout 2) Incredible dream kitchen with an oversized island and a seamless sink, a butler's pantry, high-end appliances, and open shelving 3) Main-level primary bedroom suite with a walkout to the deck, dual closets, and access to a tasteful ensuite bathroom 4) High-quality design finishes throughout a main-level living room, an upper-level family room, 8' solid-wood doors, an included new European spa, the added benefit of an upper-level laundry hook-up for convenience, an unfinished 1,500 square foot basement ready to be finished with in-floor boiler system 5) Enjoy incredible waterfront views and deep water boating with direct water frontage featuring a new dock able to moor two 40 foot boats plus personal water crafts on Georgian Bay, while being close to restaurants, amenities, Highway 12 access, and only 60-minutes from the Greater Toronto Area for an easy commute with the added benefit of municipal water, gas, and sewers, perfect for recreation or a full-time residence. Age 1. Visit our website for more detailed information.

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Property Summary

This detached home located at 3-5 Dock Lane, Tay is currently for sale and has been available on SousaSells for 659 days. This property is listed at $2,499,900 with an estimated mortgage of $8,321* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 3-5 Dock Lane, Tay is in the Port McNicoll 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 DateOctober 10, 2024
Sold price information is available to members only
Listed Date9/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBoard & Batten
BasementFull, Unfinished
CountySimcoe
Annual Tax$6,248
Legal DescriptionUNIT 3, LEVEL 1, SIMCOE VACANT LAND CONDOMINIUM

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Lake/Pond, Waterfront, School Bus Route

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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3-5 Dock Lane, 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 3-5 Dock Lane, Tay, ON L0K 1R0

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.

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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$749,970 (30.0%)
* Minimum Canadian down payment required for this price is $499,980.
Amortization Period30 Years
Estimated Monthly Payment$8,321Based on a loan of $1,749,930 over 30 years.
Purchase Price$2,499,900
Loan Amount$1,749,930
Provincial Land Transfer Tax:$48,973
Total Estimated Closing Taxes:$48,973

About Purchasing a Home in Tay, ON

For a property listed at $2,499,900 in Tay, the legal minimum down payment is $499,980 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 $48,973 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 $48,973.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$678,645

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.