5 Main Street, Timiskaming, ON
Property no longer active
This property was sold on December 22, 2024. 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 TIM - Outside - Rural. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $234,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 132 x 132 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Built-In Oven
- equipped with unknown central cooling and highly efficient forced air heating via wood
Description
Welcome to your dream home in the picturesque town of Latchford! Located close to serene Bay Lake and the tranquil Montreal River, this updated open-concept bungalow is a gem waiting to be discovered. With 2 bedrooms, a beautifully renovated kitchen, a home office and a modern bathroom, this home offers the perfect blend of comfort and style. The kitchen boasts contemporary finishes, making it a chef’s delight. A newer furnace ensures year-round comfort and efficiency. The partly finished basement is a versatile space featuring a cozy rec room, a stylish bar for entertaining, a convenient laundry room, and a flex room that can be customized to suit your needs—whether it’s a home office, gym, or hobby room. Situated on a generous double lot, this property provides ample outdoor space for gardening, entertaining, or simply enjoying the natural beauty that surrounds you. Whether you’re a first-time homebuyer or looking to downsize, this bungalow offers a perfect balance of convenience and tranquility. Don’t miss out on the opportunity to make this charming bungalow your own!
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Property Summary
This detached home located at 5 Main Street, Timiskaming is currently for sale and has been available on SousaSells for 722 days. This property is listed at $234,900 with an estimated mortgage of $782* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 5 Main Street, Timiskaming is in the TIM - Outside - Rural neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Main Street, Timiskaming, ON P0J 1N0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Timiskaming, ON
For a property listed at $234,900 in Timiskaming, the legal minimum down payment is $11,745 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 $2,074 for this transaction. As this listing is in Timiskaming (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,074.
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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.