479 Margaret Street, Tay, ON

$459,900
MLS#:S12963832
2 beds
1 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Port McNicoll. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $459,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 129.33 x 59.05 ft lot
  • 5.0 total parking spaces available
  • Notable attributes: None
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Tucked onto a quiet corner lot in a welcoming, family-friendly neighbourhood, this charming 1.5-storey home offers the perfect blend of comfort, space, and everyday convenience. With theTay Shore Trail just steps from your door and Hog Bay only a short walk away, it's easy to picture weekend bike rides, evening strolls, and time spent outdoors as a family. Inside, the home offers a warm and functional layout designed for real life. The updated kitchen, complete with newer appliances (2022-2025), is the heart of the home-perfect for busy mornings, after-school snacks, and gathering together at the end of the day. The main floor also features convenient laundry and a refreshed bathroom, making day-to-day routines that much easier. Upstairs, the flexible room provides valuable bonus space-ideal as a kids' playroom, a cozy movie zone, home office, or even an additional bedroom as your family grows. The main living area is anchored by a cozy gas fireplace (2021), creating the perfect spot to unwind, while large living and dining spaces with updated window coverings (2024) offer plenty of room for hosting family and friends. Step outside and you'll find a fully fenced yard (2022) designed with both kids and pets in mind. There's room to play, relax, and entertain-whether it's summer BBQs under the gazebo, evenings around the fire pit, or simply enjoying your own private outdoor space. With a new roof (2020), many of the big-ticket items have already been taken care of. Located close to schools, parks, the Tay Community Rink, and everyday amenities, this home offers the kind of lifestyle young families are looking for-safe, connected, and close to everything. With easy access to Highway 12 for commuting, 479 Margaret Street is a place where you can truly settle in and grow.

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Key Features

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

Additional Details

StatusActive
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionWood
BasementNone
Lot Size129.33 × 59.05 Feet
CountySimcoe
Annual Tax$1,822
Legal DescriptionLt 306 S/S Margaret St, 307 S/S Margaret St, 356 E

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

Beach, Fenced Yard, Lake/Pond, Level, Wooded/Treed, School

Interior Features

None

Security Features

Smoke Detector

Community Features

Location

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479 Margaret 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 479 Margaret Street, 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.

Market Trend
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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 Rate5.25%
Down Payment$22,995 (5.0%)
* Minimum Canadian down payment required for this price is $22,995.
Amortization Period25 Years
Estimated Monthly Payment$2,604Based on a loan of $436,905 over 25 years.
Purchase Price$459,900
Loan Amount$436,905
Provincial Land Transfer Tax:$5,673
Total Estimated Closing Taxes:$5,673

About Purchasing a Home in Tay, ON

For a property listed at $459,900 in Tay, the legal minimum down payment is $22,995 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 $5,673 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 $5,673.

Nearby Listings

Distance:

No current listings found in Tay.

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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$672,498

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.