787 FIFTH Avenue, Tay, ON

$454,900
MLS#:S10440376
4 beds
1 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 4, 2025. 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 vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $454,900 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 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 40.96 x 126 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Unknown
  • Efficient forced air heating via gas

Description

The charming town of Port McNicoll is where you will find this 4 bedroom Century Home which boasts some old school character and some modern conveniences. Main floor Primary Bedroom with 4 piece ensuite, Eat-in kitchen, with walkout to enclosed porch, laundry/ mudroom with walkout to rear yard, good size living room with electric fireplace, renovated 5 piece main bath with double sink vanity, soaker tub and separate shower encloser. The second level is where you will find 3 additional decent size bedrooms. Attached oversized single car garage with inside entry to enclosed porch. Close to walking trails, beach, marina, park/ playground with skating arena, dog park and a 10 minute drive to shopping center. 30 mins to Barrie/ Orillia and 1.5 hours to the GTA. This is an excellent opportunity for First Time Buyers and/ or Investors.

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Property Summary

This detached home located at 787 FIFTH Avenue, Tay is currently for sale and has been available on SousaSells for 608 days. This property is listed at $454,900 with an estimated mortgage of $1,514* per month. It has 4 beds, 1 bathroom, and is 1100-1500 square feet. 787 FIFTH 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

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 4, 2025
Sold price information is available to members only
Listed Date11/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementUnfinished, Full
Lot Size40.96 × 126 Feet
CountySimcoe
Annual Tax$1,705
Legal DescriptionLT 221 E/S FIFTH AV PL 533 TAY; S/T EXECUTION 01-00384, IF ENFORCABLE; S/T EXECUTION 94-02742, IF ENFORCABLE; S/T EXECUTION 97-00334, IF ENFORCABLE; S/T EXECUTION 99-01527 ENFORCABLE; TAY

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Unknown

Security Features

Community Features

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Location

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787 FIFTH Avenue, 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 787 FIFTH Avenue, 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$136,470 (30.0%)
* Minimum Canadian down payment required for this price is $22,745.
Amortization Period30 Years
Estimated Monthly Payment$1,514Based on a loan of $318,430 over 30 years.
Purchase Price$454,900
Loan Amount$318,430
Provincial Land Transfer Tax:$5,573
Total Estimated Closing Taxes:$5,573

About Purchasing a Home in Tay, ON

For a property listed at $454,900 in Tay, the legal minimum down payment is $22,745 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 $5,573 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 $5,573.

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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.