348 William Street, Tay, ON

$347,500
MLS#:S12011771
2 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 20, 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 Victoria Harbour. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $347,500 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 90.69 x 248.89 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Storage
  • Efficient forced air heating via gas

Description

Amazing opportunity for first time home buyers, retirees looking to downsize or anyone looking for an affordable four season home. This well maintained bungalow features a large property, paved triple car driveway, partial view of the waterfront, the Trans Canada Trail just one block away, close proximity to amenities, large open concept kitchen and living room, large primary bedroom with walkout to partially covered 14 foot x 30 foot deck, closed in sunroom & full basement with potential for extra living space, workshop or lots of storage space. The basement is accessible from a staircase in the sunroom or an exterior door. Laundry is currently located in the basement. The property is just under a half acre with lots of room for the kids to play or potential addition to the home. Book your showing today before this opportunity passes you by.

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Property Summary

This detached home located at 348 William Street, Tay is currently for sale and has been available on SousaSells for 497 days. This property is listed at $347,500 with an estimated mortgage of $1,157* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 348 William Street, Tay is in the Victoria Harbour 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 DateMarch 20, 2025
Sold price information is available to members only
Listed Date3/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionConcrete Block
BasementFull, Unfinished
Lot Size90.69 × 248.89 Acres
CountySimcoe
Annual Tax$1,000.18
Legal DescriptionPT LT 1 N/S TRESPASS RD E PL 459 TAY; PT W PT LT 14 CON 7 TAY PT 5, 51R14473; TAY

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Storage

Security Features

Community Features

Location

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348 William Street, 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 348 William Street, Tay, ON L0K 2A0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$104,250 (30.0%)
* Minimum Canadian down payment required for this price is $17,375.
Amortization Period30 Years
Estimated Monthly Payment$1,157Based on a loan of $243,250 over 30 years.
Purchase Price$347,500
Loan Amount$243,250
Provincial Land Transfer Tax:$3,688
Total Estimated Closing Taxes:$3,688

About Purchasing a Home in Tay, ON

For a property listed at $347,500 in Tay, the legal minimum down payment is $17,375 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 $3,688 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 $3,688.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$788,544

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.