100 Island Drive, Trent Lakes, ON

$1,189,000
MLS#:X8416604
3 beds
2 baths
6.0 parking
Residential Freehold
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Property no longer active

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

Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Trent Lakes. Expertly crafted featuring premium wood and board & batten construction, this residence presents an exceptional opportunity offered at $1,189,000 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
  • Premium 140 x 196 ft lot size
  • Features a partial basement, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater, Sump Pump, Storage
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Breathtaking sunrises + sunsets await you in this year round , light filled home on a quiet street on Lower Buckhorn Lake. New docks and a new armour stone shoreline wall with beautifully landscaped grounds, The home is built on granite which is part of the Canadian Shield. A fire pit near the shore for cozy evenings outdoors and a wrap around deck with panoramic views and a sandy beach for bay entry into the lake. A new bunkie allows for extra guests and the large living room with cathedral ceiling and eat in kitchen are great for family get togethers . New sliding door with walkout to the deck in Main bedroom.( Main bedroom can be divided into a fourth bdrm) and updated/renovated bathroom. Lush greenery surround this magical property.

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Property Summary

This detached home located at 100 Island Drive, Trent Lakes is currently for sale and has been available on SousaSells for 770 days. This property is listed at $1,189,000 with an estimated mortgage of $3,958* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 100 Island Drive, Trent Lakes is in the Trent Lakes neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 18, 2024
Sold price information is available to members only
Listed Date6/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionWood , Board & Batten
BasementPartial Basement, Walk-Out
Lot Size140 × 196 Feet
CountyPeterborough
Annual Tax$3,444.14
Legal DescriptionPlan 40 Lot 29

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Fenced Yard, Golf, Marina, Waterfront, Arts Centre

Interior Features

Water Heater, Sump Pump, Storage

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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100 Island Drive, Trent Lakes, 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 100 Island Drive, Trent Lakes, ON K0L 1J0

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.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$356,700 (30.0%)
* Minimum Canadian down payment required for this price is $237,800.
Amortization Period30 Years
Estimated Monthly Payment$3,958Based on a loan of $832,300 over 30 years.
Purchase Price$1,189,000
Loan Amount$832,300
Provincial Land Transfer Tax:$20,255
Total Estimated Closing Taxes:$20,255

About Purchasing a Home in Trent Lakes, ON

For a property listed at $1,189,000 in Trent Lakes, the legal minimum down payment is $237,800 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 $20,255 for this transaction. As this listing is in Trent Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,255.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Trent Lakes, Trent Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$947,154

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.