226 Little Silver Lake Road, Tay Valley, ON

$549,000
MLS#:X12044913
3 beds
1 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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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 other construction, this residence presents an exceptional opportunity offered at $549,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 311 x 335 ft lot
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

MOTIVATED SELLER! What a tremendous opportunity to own a year-round waterfront home on a lovely, treed extra large lot (311 feet of frontage) on Little Silver Lake. Excellent access in on a privately maintained road only minutes north of Hwy 7. This approx. 1450 sq ft bungalow features a nice open concept kitchen/dining/living room with large windows facing the lake. A door accesses the 8 x 32 ft lakeside deck. There are 3 bedrooms, 4-piece bath with Jacuzzi soaker tub & separate shower, nice-sized laundry/mudroom, and a spectacular 31 x 15 four-season sunroom/family room with big windows & 2 patio doors. Ceramic tile floor & 3-sided propane fireplace. There are 2 outbuildings storage is insulated & heated (would make a great bunkie) & other is a workshop. Lots of parking and the waterfront is very nice for swimming. Little Silver Lake is a small, quiet lake approx. 206 acres in size, has a small boat launch for car top & small motorized craft only, and has good fishing for small & large mouth bass, yellow perch, bluegill sunfish & black crappie.

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Property Summary

This detached home located at 226 Little Silver Lake Road, Tay Valley is currently for sale and has been available on SousaSells for 477 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 226 Little Silver Lake Road, Tay Valley is in the 905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 5, 2025
Sold price information is available to members only
Listed Date3/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementNone
Lot Size311 × 335 Feet
CountyLanark
Annual Tax$4,980
Legal DescriptionLots 14 & 15 Plan 6 South Sherbrooke Tay Valley Township County of Lanark

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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226 Little Silver Lake Road, Tay Valley, 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 226 Little Silver Lake Road, Tay Valley, ON K0H 2B0

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 Valley.

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Interest Rate4.00%
Down Payment$164,700 (30.0%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period30 Years
Estimated Monthly Payment$1,827Based on a loan of $384,300 over 30 years.
Purchase Price$549,000
Loan Amount$384,300
Provincial Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$7,455

About Purchasing a Home in Tay Valley, ON

For a property listed at $549,000 in Tay Valley, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp, Tay Valley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$526,241

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.