Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $795,000 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.
Experience peaceful year-round lakeside living on beautiful Rainbow Lake-30 minutes from Perth.. Situated on a large, private treed lot with an impressive 755 feet of waterfront, this custom home, built in 2019, offers the perfect blend of modern comfort and natural beauty. The home features a bright open-concept layout with modern finishes throughout. The spacious kitchen complete with a large island and ample workspace with eating area and adjacent to the living room will be the main gathering spot with its ample windows overlooking the lake. A main-floor den provides flexibility and could easily serve as a fourth bedroom. Additional main level living spaces includes a 3 season sunroom leading to the upper deck. The second level offers two generous bedrooms and a large 3-piece bathroom. The walkout lower level expands the living space with a family room, additional bedroom, 4 pc bath and versatile flex room suitable for a home office, gym, or hobby room. From this level there is access to a 13 x 11 screened in porch as well as an open deck. Built for comfort and peace of mind, the property includes durable CanExel siding, attractive shaker shingle accents, and a Generac whole-house generator. Outside, enjoy exceptional waterfront access with stairs and path leading down to the lake. A charming bunkie provides a private retreat or fun sleepovers, while the large 10' x 16' storage shed offers plenty of room for tools, equipment, and recreational gear. Whether you're looking for a year-round residence or a lakeside getaway, this exceptional Rainbow Lake property offers privacy, space, and quiet waterfront lifestyle.
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Lake Access, Waterfront
Carpet Free, Generator - Full
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Data-driven valuation for 196 Silvery Lane, Tay Valley, ON K0H 2B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Tay Valley.
About Purchasing a Home in Tay Valley, ON
For a property listed at $795,000 in Tay Valley, the legal minimum down payment is $54,500 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 $12,375 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 $12,375.
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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.