535 Algoma Avenue, Tay, ON
Property no longer active
This property was sold on February 28, 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 Port McNicoll. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $425,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 117.96 x 101.34 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
COZY BUNGALOW PERFECT FOR FIRST-TIME BUYERS, NESTLED ON A QUIET CUL-DE-SAC! Welcome to 535 Algoma Avenue! Located close to parks, trails, shopping, a community centre, and the marina, this charming bungalow is full of character and offers a warm, inviting atmosphere in a fantastic setting. Nestled on a quiet cul-de-sac with no through traffic, its an excellent choice for downsizers or first-time buyers looking for a well-maintained home. The open-concept interior features beautiful finishes, including a wood plank beamed ceiling, neutral paint tones, and easy-care flooring. The kitchen stands out with butcher block countertops, classic white cabinetry, black hardware, and a stylish herringbone backsplash. Two cozy bedrooms and a modernized full bathroom provide comfortable living, while the spacious fenced backyard offers plenty of privacy and room for outdoor activities. A custom firepit makes it a great spot to relax or entertain. A detached garage offers excellent space for storage, a workshop, or parking your recreational toys. Built to last, the durable metal roof provides reliable protection with minimal maintenance. Whether you're a first-time buyer eager to enter the market, an investor looking for a great opportunity, or a downsizer searching for a charming and manageable home, this #HomeToStay is a must-see!
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Property Summary
This detached home located at 535 Algoma Avenue, Tay is currently for sale and has been available on SousaSells for 518 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 535 Algoma Avenue, Tay is in the Port McNicoll neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 535 Algoma Avenue, Tay, ON L0K 1R0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Tay, ON
For a property listed at $425,000 in Tay, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.
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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.