254 MELISSA Lane, Tiny, ON

$4,550,000
MLS#:S10439374
6 beds
7 baths
3500-5000 sqft
12.0 parking
Residential Freehold
254 MELISSA Lane, Tiny, ON L9M 0T8
⚠️

Property no longer active

This property was sold on November 17, 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 Rural Tiny. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $4,550,000 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.

  • 6 Bedrooms and 7 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 173.05 x 579.25 ft lot
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Steam Room, Propane Tank, Accessory Apartment
  • equipped with central air central cooling and highly efficient radiant heating via propane

Description

Incredible views of Georgian Bay from this impressive contemporary bungalow, with over 7,000 sq.ft. of finished space overlooking 173 feet of waterfront. Great room with 28 ft cathedral ceiling and floor to ceiling fireplace, has an expanse of doors and windows overlooking the lake. State of the art kitchen with Thermador appliances, 10 1/2 foot island, and walkout to covered deck with outdoor wood burning fireplace. Beautiful walk-in pantry and large laundry, both with high end cabinetry. Master wing features a massive bed/sitting room with fireplace, large dressing room and his and hers ensuites. It includes a walkout to a private deck. A large main floor office/bedroom, with a view, also includes a walkout to the deck. The fully finished basement, with 10 ft. ceilings, features rec room, gym, three bedrooms, three bathrooms, including steam room (2 of them ensuites), also offers stunning views of the lake, with three additional walkouts. A separate one bedroom apartment over the garage, with kitchenette and bathroom, is a great flex space to accommodate guests, or extended family. The 3 car garage features heated floors and a wall of windows. The property is 95% complete, with some final exterior and interior work currently being undertaken and is being sold "as is" . Occupancy permit is in place.

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Property Summary

This detached home located at 254 MELISSA Lane, Tiny is currently for sale and has been available on SousaSells for 741 days. This property is listed at $4,550,000 with an estimated mortgage of $15,145* per month. It has 6 beds, 7 bathrooms, and is 3500-5000 square feet. 254 MELISSA Lane, Tiny is in the Rural Tiny neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 6 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Rural Tiny, Tiny.

Highly Recommended for Families
What We Love About This Home
  • 6 spacious bedroom layout offering versatile living space
  • 7 well-appointed bathrooms
  • 3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Rural Tiny, Tiny.

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
7
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Other
BasementWalk-Out, Finished
Lot Size173.05 × 579.25 Feet
CountySimcoe
Annual Tax$16,159.81
Legal DescriptionPCL PLAN-1 SEC 51M609; LT 14 PL 51M609 TINY; S/T LT368739, LT368741, LT368743; TINY

Parking & Garage

Parking Total12.0
Parking Space9
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Steam Room
  • Propane Tank
  • Accessory Apartment
  • Water Purifier
  • Water Heater Owned
  • Central Vacuum

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 254 MELISSA Lane, Tiny, ON

Q.What is the asking price for 254 MELISSA Lane, Tiny, ON ?

The current listing price for 254 MELISSA Lane, Tiny, ON in Rural Tiny, Tiny is $4,550,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 6 bedrooms and 7 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 254 MELISSA Lane, Tiny, ON ?

254 MELISSA Lane, Tiny, ON is a Detached (Bungalow) featuring a Walk-Out, Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Steam Room, Propane Tank, Accessory Apartment, Water Purifier, Water Heater Owned, Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 12.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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254 MELISSA Lane, Tiny, 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 254 MELISSA Lane, Tiny, ON L9M 0T8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Tiny.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,365,000 (30.0%)
* Minimum Canadian down payment required for this price is $910,000.
Amortization Period30 Years
Estimated Monthly Payment$15,145Based on a loan of $3,185,000 over 30 years.
Purchase Price$4,550,000
Loan Amount$3,185,000
Provincial Land Transfer Tax:$100,225
Total Estimated Closing Taxes:$100,225

About Purchasing a Home in Tiny, ON

For a property listed at $4,550,000 in Tiny, the legal minimum down payment is $910,000 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 $100,225 for this transaction. As this listing is in Tiny (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $100,225.

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Rural Tiny, Tiny Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Tiny, Tiny.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,212,132

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%

Best Schools in Rural Tiny, Tiny

Elementary Schools

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Secondary Schools

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Rural Tiny, Tiny Demographic Home information

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.