71 Lakeshore Road, Temiskaming Shores, ON

$269,000
MLS#:T9371668
3 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 18, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of New Liskeard. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $269,000 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 with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 65.8 x 131.59 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • Efficient forced air heating via gas

Description

Great opportunity to own a home while generating income from the other unit to help with mortgage payments! This well-maintained duplex has 2 x 805 sq feet units with separate entrances, and is within walking distance of downtown, New Liskeard waterfront, beach parks and bus stops. This property features stable, good tenants and includes 2 parking spots in the front. The large backyard with laneway access provides additional outdoor space and possibilities. Ideal for investors seeking a turnkey rental solution or a new home with income potential. Don't miss out on this chance to capitalize on a prime location with excellent amenities. Apartment one (main floor) - has one bedroom with ensuite or could be divided into two bedrooms as there are pocket doors, access to the full basement, cozy living room, large eat in kitchen and back deck Apartment two (upper floor) - recently renovated, large 4 pc. bathroom with tub, 2 bedrooms, eat in kitchen, living room

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Property Summary

This duplex located at 71 Lakeshore Road, Temiskaming Shores is currently for sale and has been available on SousaSells for 659 days. This property is listed at $269,000 with an estimated mortgage of $895* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 71 Lakeshore Road, Temiskaming Shores is in the New Liskeard neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 18, 2024
Sold price information is available to members only
Listed Date9/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFull
Lot Size65.8 × 131.59 Feet
CountyTimiskaming
Annual Tax$4,650
Legal DescriptionPCL 22383 SECT SST; LT 105 PL M29NB DYMOND; LT 106 PL M29NB DYMOND SRO; TEMISKAMING SHORES; DISTRICT OF TIMISKAMING

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Accessory Apartment

Security Features

Community Features

Location

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71 Lakeshore Road, 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 71 Lakeshore Road N, Temiskaming Shores, ON P0J 1P0

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 Temiskaming Shores.

Configure Loan Settings

Interest Rate4.00%
Down Payment$80,700 (30.0%)
* Minimum Canadian down payment required for this price is $13,450.
Amortization Period30 Years
Estimated Monthly Payment$895Based on a loan of $188,300 over 30 years.
Purchase Price$269,000
Loan Amount$188,300
Provincial Land Transfer Tax:$2,510
Total Estimated Closing Taxes:$2,510

About Purchasing a Home in Temiskaming Shores, ON

For a property listed at $269,000 in Temiskaming Shores, the legal minimum down payment is $13,450 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 $2,510 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 $2,510.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$387,329

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.