33 Island Lake Drive, Whitchurch-Stouffville, ON

$2,399,000
MLS#:N9387715
7 beds
6 baths
13.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 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 Whitchurch-Stouffville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,399,000 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.

  • 7 Bedrooms and 6 Bathrooms
  • Premium 213.39 x 370.47 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 13.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

RARE 3228 sf Bungalow with high ceilings + 3228 sf finished walk-out basement on prestigious Island Lake Drive nestled into a private 2.01 Acre mature treed South exposure lot with luxurious landscaping, inground pool and brand new deck. The house features soaring ceilings, wood beams, skylight, floor to ceiling windows that showcase the backyard oasis, hardwood flooring and a grand double sided brick fireplace. Modern white kitchen with granite counter tops, built-in stainless-steel appliances, breakfast bar and sunny breakfast area with walk-out. The main floor bedroom wing has four bedrooms including the primary suite with 6pc ensuite and walk-out to deck. The mudroom has a 2nd powder room and private main floor office as well as a separate entrance to the basement. The oversized bright finished walkout basement offers a sunroom, recreation room, games room, laundry room, 3 bedrooms a 3pc bathroom, sunroom, and multiple walkouts to the backyard. Entertain in the private backyard from the new oversized deck with spiral staircase, multiple patios, sunroom, professional landscaping, inground pool, sheds and gardens. Perfect for large/extended families this wonderful property offers a private oasis away from the city yet just minutes to Hwy 404/Big Box Shopping/Stouffville/Aurora/Go Trains

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Property Summary

This detached home located at 33 Island Lake Drive, Whitchurch-Stouffville is currently for sale and has been available on SousaSells for 657 days. This property is listed at $2,399,000 with an estimated mortgage of $7,985* per month. It has 7 beds, 6 bathrooms, and is unknown square feet. 33 Island Lake Drive, Whitchurch-Stouffville is in the Rural Whitchurch-Stouffville neighborhood.

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

Key Features

Bedrooms
7
Bathrooms
6
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 5, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished with Walk-Out
Lot Size213.39 × 370.47 Feet
CountyYork
Annual Tax$8,500
Legal DescriptionPCL 10-1 SEC 65M2116; LT 10 PL 65M2116 ; WHITCHURCH-STOUFFVILLE TOWN OF WHITCHURCH-STOUFFVILLE

Parking & Garage

Parking Total13.0
Parking Space10
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater

Security Features

Community Features

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Location

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33 Island Lake Drive, Whitchurch-Stouffville, 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 33 Island Lake Drive, Whitchurch-Stouffville, ON L4A 7X4

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 Whitchurch-Stouffville.

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Interest Rate4.00%
Down Payment$719,700 (30.0%)
* Minimum Canadian down payment required for this price is $479,800.
Amortization Period30 Years
Estimated Monthly Payment$7,985Based on a loan of $1,679,300 over 30 years.
Purchase Price$2,399,000
Loan Amount$1,679,300
Provincial Land Transfer Tax:$46,450
Total Estimated Closing Taxes:$46,450

About Purchasing a Home in Whitchurch-Stouffville, ON

For a property listed at $2,399,000 in Whitchurch-Stouffville, the legal minimum down payment is $479,800 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 $46,450 for this transaction. As this listing is in Whitchurch-Stouffville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $46,450.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,767,943

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.