473 Sherbrooke Drive, Tay Valley, ON

$799,900
MLS#:X12173240
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 27, 2025. This listing is for reference purposes only. to view the sold price.

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 $799,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 120 x 165 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Workbench, Water Heater Owned
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via wood

Description

Welcome to your year round dream getaway, perfectly situated on the serene shores of Bobs Lake. With over 800km of pristine shoreline to explore, this exceptional low maintenance property offers endless opportunities for outdoor fun and relaxation. The three bedroom, four season cottage has been renovated in the last 5 years and provides modern comfort for every season. Stainless steel appliances, beautiful granite countertops, and luxury vinyl flooring throughout, this cottage combines elegance and functionality. Take in the breathtaking views from your large, private deck, ideal for entertaining or simply unwinding with a good book. The bunkie is a versatile space for guests or a dedicated games cabin, ensuring fun and relaxation for all. Enjoy over 120 feet of deep, clean shoreline with coveted southern exposure, perfect for swimming, boating, and soaking up the sun. Lakeside shed equipped with hydro and a bar area overlooking the convenient and stylish dock system. Only 15 mins to Westport and 25 mins to Perth!

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Property Summary

This detached home located at 473 Sherbrooke Drive, Tay Valley is currently for sale and has been available on SousaSells for 418 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 473 Sherbrooke Drive, 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
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2025
Sold price information is available to members only
Listed Date5/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementUnfinished, Full
Lot Size120 × 165 Feet
CountyLanark
Annual Tax$3,302
Legal DescriptionLT 3 PL 1 SOUTH SHERBROOKE TAY VALLEY TOWNSHIP

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Workbench, Water Heater Owned

Security Features

Community Features

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Location

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473 Sherbrooke Drive, 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 473 Sherbrooke Drive, 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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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$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Tay Valley, ON

For a property listed at $799,900 in Tay Valley, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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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.