284 Farr Drive, Temiskaming Shores, ON

$315,000
MLS#:T9275080
0 beds
0 baths
4.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on December 24, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable multiplex located in the coveted neighborhood of Haileybury. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $315,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 75 x 100 ft lot size
  • Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Unknown
  • equipped with unknown central cooling and highly efficient baseboard heating via gas

Description

Looking for a good investment property! This two storey side by side duplex could be just what you are looking form. Each unit has main floor eat-in kitchen and living room, second floor has primary bedroom, second bedroom and 4 pcs bath. The basement is open space, laundry area and 2 pcs bathroom.

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Property Summary

This multiplex located at 284 Farr Drive, Temiskaming Shores is currently for sale and has been available on SousaSells for 768 days. This property is listed at $315,000 with an estimated mortgage of $1,049* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 284 Farr Drive, Temiskaming Shores is in the Haileybury neighborhood.

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

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionUnknown
BasementUnknown
Lot Size75 × 100 Feet
CountyTimiskaming
Annual Tax$2,245.02
Legal DescriptionPCL 20450 SEC SST; FIRSTLY; LT 41 PL M50NBBUCKE; SECONDLY' LT 42 PL M50NB BUCKE EXCEPT N 1/2; TEMISKAMING SHORES ; DISTRICT OT TIMISKAMING

Parking & Garage

Parking Total4.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingUnknown

Features

Property Features

Interior Features

Unknown

Security Features

Community Features

Location

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284 Farr Drive, Temiskaming Shores, 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 284 Farr Drive, Temiskaming Shores, ON P0J 1K0

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 Temiskaming Shores.

Configure Loan Settings

Interest Rate4.00%
Down Payment$94,500 (30.0%)
* Minimum Canadian down payment required for this price is $15,750.
Amortization Period30 Years
Estimated Monthly Payment$1,049Based on a loan of $220,500 over 30 years.
Purchase Price$315,000
Loan Amount$220,500
Provincial Land Transfer Tax:$3,200
Total Estimated Closing Taxes:$3,200

About Purchasing a Home in Temiskaming Shores, ON

For a property listed at $315,000 in Temiskaming Shores, the legal minimum down payment is $15,750 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 $3,200 for this transaction. As this listing is in Temiskaming Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,200.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Haileybury, Temiskaming Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$356,387

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.