131 Bobs Lake Lane, Tay Valley, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $349,900 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 52 x 151 ft lot
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient baseboard heating via electric
Description
Family cottage with direct access to beautiful Bobs Lake. This cottage has been used in the past as a season rental, it is a favorite to renters because of the fantastic sand beach and big western views over this highly demanded lake in the Frontenacs. Many upgrades have been made this cottage since originally built, including electric heat in order to use this as a 4-season place, New septic installed in 2024. Located in an area of approximately 8 other cottagers and has a warm friendly neighbourhood feel. The cottage and lot sit just approx. 25feet from the water and enjoys access (deeded access known as 2nd tier waterfront) across the gravel lane to its own private dock and piece of this beautiful sandy beach to enjoy. Also shared is access to the community boat launch, great for guest who want to come with their own boat. The cottage has ample rooms for family and friends to come and lay their head. Just 10 minutes to the growing village of Westport where you will find many stores, restaurants and festivals to attend. This would be a fantastic property to add to your rental investment portfolio.
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Pricing & Value Insights
Data-driven valuation for 131 Bobs Lake Lane 21a, Tay Valley, ON K0H 2B0
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About Purchasing a Home in Tay Valley, ON
For a property listed at $349,900 in Tay Valley, the legal minimum down payment is $17,495 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 $3,724 for this transaction. As this listing is in Tay Valley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.
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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.