241 CHRISTIE LAKE 21 Lane, Tay Valley, ON

$305,000
MLS#:X9445853
2 beds
1 baths
4.0 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 wood construction, this residence presents an exceptional opportunity offered at $305,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 150 x 131 ft lot size
  • Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient public configuration
  • Notable attributes: Water Heater Owned
  • Efficient heating via other

Description

One of the most sought-after lakes in the area! Entry level pricing for you to be on Christie Lake. A few touches here and there will make this 3rd generation cottage your very own. The upper part of the lot is nice and level with good set of stairs down to a sitting and dock area at the lake with gorgeous weed-free waterfront and unbelievable sunset views! The cottage has 2 bedrooms, kitchen, dining and living room area and 4 piece bath. The attic space has a fair amount of head room and could be developed for additional loft living space. Seasonally maintained road and not far in off the Althorpe Road. Don’t wait on this one – we don’t think it will last long!, Flooring: Softwood

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Property Summary

This detached home located at 241 CHRISTIE LAKE 21 Lane, Tay Valley is currently for sale and has been available on SousaSells for 721 days. This property is listed at $305,000 with an estimated mortgage of $1,015* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 241 CHRISTIE LAKE 21 Lane, 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
2
Bathrooms
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 15, 2024
Sold price information is available to members only
Listed Date7/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone, None
Lot Size150 × 131
CountyLanark
Annual Tax$2,640
Legal DescriptionPt Lot 21 Con 2 South Sherbrooke as in RS 147214 T/W RS 147214 S/T interest in RS 147214 Tay Valley Township County of Lanark

Parking & Garage

Parking Spaces4.0
Garage TypePublic

Heating & Cooling

Heat SourceOther
CoolingNone

Features

Property Features

Wooded/Treed, Waterfront, Waterfront

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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241 CHRISTIE LAKE 21 Lane, 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 241 CHRISTIE LAKE 21 Lane, Tay Valley, ON K7H 3C7

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Tay Valley.

Configure Loan Settings

Interest Rate4.00%
Down Payment$91,500 (30.0%)
* Minimum Canadian down payment required for this price is $15,250.
Amortization Period30 Years
Estimated Monthly Payment$1,015Based on a loan of $213,500 over 30 years.
Purchase Price$305,000
Loan Amount$213,500
Provincial Land Transfer Tax:$3,050
Total Estimated Closing Taxes:$3,050

About Purchasing a Home in Tay Valley, ON

For a property listed at $305,000 in Tay Valley, the legal minimum down payment is $15,250 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 $3,050 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 $3,050.

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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.