550 Camilla Street, Tay, ON

$469,500
MLS#:S10405827
4 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 29, 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 Port McNicoll. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $469,500 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 60 x 118 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: In-Law Suite, Primary Bedroom - Main Floor, Sump Pump
  • Efficient forced air heating via gas

Description

This home offers a unique blend of charm and practicality. The main level has three bedrooms, hardwood floors throughout and a cozy family room offering ample space for relaxation or entertainment. A highlight of this property is the in-law suite with a convenient kitchenette and the potential for easy separation, giving flexibility for extended family or rental income. Set on a quiet dead-end street, this home is nestled on a spacious 60 x 118 ft lot. You will also love the proximity to the beautiful Tay Shore walking trails, perfect for peaceful strolls and bike rides. Ideal for families or anyone looking to retreat from the hustle and bustle. Bring your personal touches to this charming property and make it your own.

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Property Summary

This detached home located at 550 Camilla Street, Tay is currently for sale and has been available on SousaSells for 624 days. This property is listed at $469,500 with an estimated mortgage of $1,563* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 550 Camilla Street, 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
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 29, 2024
Sold price information is available to members only
Listed Date11/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementFinished, Full
Lot Size60 × 118 Feet
CountySimcoe
Annual Tax$1,962
Legal DescriptionLT 338 N/S CAMILLA ST PL 544 TAY; PT LT 339 N/S CAMILLA ST PL 544 TAY PT 1, 51R5836; TAY

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Fenced Yard, Lake/Pond, Marina, Park, Wooded/Treed

Interior Features

In-Law Suite, Primary Bedroom - Main Floor, Sump Pump

Security Features

Community Features

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Location

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550 Camilla 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 550 Camilla 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.

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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$140,850 (30.0%)
* Minimum Canadian down payment required for this price is $23,475.
Amortization Period30 Years
Estimated Monthly Payment$1,563Based on a loan of $328,650 over 30 years.
Purchase Price$469,500
Loan Amount$328,650
Provincial Land Transfer Tax:$5,865
Total Estimated Closing Taxes:$5,865

About Purchasing a Home in Tay, ON

For a property listed at $469,500 in Tay, the legal minimum down payment is $23,475 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 $5,865 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 $5,865.

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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.