452B Cold Water Road, Tweed, ON

$489,900
MLS#:X9395966
1 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 29, 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 Tweed. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $489,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Acres)
  • 3.0 total parking spaces available
  • Notable attributes: None
  • Efficient other heating via wood

Description

FALL SPECIAL-RECREATIONAL PARADISE! Must SEE This exceptional 200 ACRE Property- It's a rare find! This large parcel of land consists of a mix of hardwood and softwood trees, lots of mature timber and nice trails throughout. A nature lover's dream and excellent for hunting! Very secluded with private laneway leading to rustic off grid cabin. Cozy small one bedroom cabin with large living room and addition with spacious kitchen & dining area. Includes a cookstove and woodstove, (not WETT certified). The cabin is set up with solar panel and batteries, no hydro, there is a well on the property, currently no plumbing into cabin. Great for seasonal use or cottage. Includes a 40ft sea container for extra storage/workshop area. There is over 3000 feet of road frontage on year-round road that is private maintained. Plus added bonus to this unique property is an additional small piece of land that includes 50ft of waterfront on Lime Lake. Currently not accessible. Tons of potential for the next owner. The property is being sold as an estate, as is, there is no survey. Buyer to complete their own due diligence. Exceptional Value Here!

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Property Summary

This detached home located at 452B Cold Water Road, Tweed is currently for sale and has been available on SousaSells for 640 days. This property is listed at $489,900 with an estimated mortgage of $1,631* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 452B Cold Water Road, Tweed

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

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 29, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
CountyHastings
Annual Tax$1,022.33
Legal DescriptionPt Lt9-12 Conc 11 Richmond as in LA174785 S/T the rights of owners of adjoining land parcels, if any under LA233763, Greater Napanee PIN #451490104, Pt Lt 32 Conc 1 Hungerford As In QR430627, Tweed, County of Hastings PIN# 402730085. Sold Together, two municipalites

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeOther
CoolingNone

Features

Property Features

Wooded/Treed, Waterfront

Interior Features

None

Security Features

Community Features

Location

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452B Cold Water Road, Tweed, ON

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 452B Cold Water Road, Tweed, ON K0K 2L0

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 Tweed.

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Interest Rate4.00%
Down Payment$146,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,495.
Amortization Period30 Years
Estimated Monthly Payment$1,631Based on a loan of $342,930 over 30 years.
Purchase Price$489,900
Loan Amount$342,930
Provincial Land Transfer Tax:$6,273
Total Estimated Closing Taxes:$6,273

About Purchasing a Home in Tweed, ON

For a property listed at $489,900 in Tweed, the legal minimum down payment is $24,495 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 $6,273 for this transaction. As this listing is in Tweed (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,273.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$550,196

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

St Carthagh
Public114 Hungerford Road, Tweed, Ontario, K0K 3J0
2.9
Tweed
Public52 McClellan Street, Tweed, Ontario, K0K 3J0
7.0

Secondary Schools

No secondary schools data loaded.

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.