157 Gibson Bay Road, Whitestone, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hagerman. Expertly crafted featuring premium vinyl siding and concrete block construction, this residence presents an exceptional opportunity offered at $549,000 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 700-1100 sqft on a premium 105 x 179.93 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Beautiful western exposure 4 season cottage or home on a year round road. Enjoy deep water off the end of the dock for swimming or diving and gorgeous big lake views with endless sunsets. There is A/C in the cottage and an insulated bunkie with electricity that is currently being used as a year round office. The additional shed is great for storage. Whitestone Lake is one of the larger lakes in the district so you will experience miles of boating and fishing
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 157 Gibson Bay Road, Whitestone, ON P0A 1G0
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About Purchasing a Home in Whitestone, ON
For a property listed at $549,000 in Whitestone, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.