1128 124 Highway, Whitestone, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hagerman. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a spacious lot (Feet)
- Features a unfinished, exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with window unit(s) central cooling and highly efficient other heating via wood
Description
Escape to the tranquility of waterfront living with this charming rustic cottage on Limestone Lake. Set on over an acre of private, tree-lined land, this property offers not only a peaceful retreat but also exciting potential for future development. Conveniently located just off Highway 124, the cottage is nestled among mature trees, providing privacy and a true sense of nature. The cozy interior features 2 bedrooms and an open-concept living area, creating a warm and inviting atmosphere ideal for weekend getaways or extended stays. Enjoy stunning lake views and endless recreational opportunities right at your doorstep. A newly installed dock (20232024) offers the perfect spot to relax in the sun, swim in the clear waters, or simply watch the activity on the lake. A boat and water toys which are included gives you the opportunity to just bring your clothes and excitement to have a wonderful time on the lake. Whether you're looking for a quiet escape or a place to build your future dream retreat, this waterfront property offers a rare combination of charm, privacy, and potential.
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Primary Bedroom - Main Floor
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Pricing & Value Insights
Data-driven valuation for 1128 124 Highway, Whitestone, ON P0A 1G0
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About Purchasing a Home in Whitestone, ON
For a property listed at $525,000 in Whitestone, the legal minimum down payment is $27,500 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 $6,975 for this transaction. As this listing is in Whitestone (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,975.
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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.