407 BENNETT LAKE Road, Tay Valley, ON

$575,000
MLS#:X9456986
3 beds
2 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2024. 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 906 - Bathurst/Burgess & Sherbrooke (Bathurst) Twp. Expertly crafted featuring premium log construction, this residence presents an exceptional opportunity offered at $575,000 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 2 Bathrooms
  • Premium 196.26 x 421.16 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

Flooring: Tile, “The river has great wisdom and whispers its secrets to the hearts of men” ~ Mark Twain. There is nothing more peaceful and relaxing as a waterfront log home. Welcome to Fallbrook, a quaint village just outside of Balderson and 15 minutes from Perth. Enjoy the soothing sound of the Fall River just outside your back door! Come and fall in love with this unique property that offers a cozy retreat surrounded by nature's beauty and tranquility. Step inside to discover a bright sunroom with abundant natural light pouring in through the numerous windows that capture a picturesque view. A cozy living room highlighted by a warming Vermont Castings wood stove (WETT certified ). A large walk-out basement with a sliding patio door - offering easy access to the backyard oasis. Just shy of 2 acres, this property offers outbuildings for storage, including a stunning log barn that is currently being used as a hobby farm OR could be converted back into a double car garage., Flooring: Hardwood

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Property Summary

This detached home located at 407 BENNETT LAKE Road, Tay Valley is currently for sale and has been available on SousaSells for 673 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 407 BENNETT LAKE Road, Tay Valley is in the 906 - Bathurst/Burgess & Sherbrooke (Bathurst) Twp neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 17, 2024
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionLog
BasementFull, Finished
Lot Size196.26 × 421.16
CountyLanark
Annual Tax$3,398
Legal DescriptionPT LT 19 CON 10 BATHURST PT 2, 27R4378 TAY VALLEY TOWNSHIP

Parking & Garage

Parking Spaces8.0
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Golf, School Bus Route, Waterfront

Interior Features

Security Features

Community Features

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Location

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407 BENNETT 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 407 BENNETT LAKE Road, Tay Valley, ON K0G 1A0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,500 over 30 years.
Purchase Price$575,000
Loan Amount$402,500
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Tay Valley, ON

For a property listed at $575,000 in Tay Valley, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 906 - Bathurst/Burgess & Sherbrooke (Bathurst) Twp, Tay Valley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$553,860

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.