40 Fairholme Lake Road, Whitestone, ON
Property no longer active
This property was sold on November 7, 2025. 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 Whitestone. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,000 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 127 x 274 ft lot
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free, Water Heater Owned
- equipped with other central cooling and highly efficient other heating via other
Description
Fantastic opportunity to own a beautifully renovated turnkey 3-bedroom, 1-bathroom cottage on charming and friendly Fairholme Lake. This move in ready property offers a private, peaceful setting with many recent upgrades making it ideal for immediate enjoyment and a low maintenance lifestyle. Major improvements include re-supporting of five piers in 2025, a newly finished tongue and groove in the screen room with updated flooring, upgraded electrical and a new shower and vanity in 2024. In 2023 the kitchen was outfitted with new cabinetry and luxury vinyl flooring was installed throughout. Additional updates include new windows, siding, soffits, fascia and eavestroughs in 2022, the septic was pumped in 2021. Located in the Municipality of Whitestone this cottage offers access to a wide variety of outdoor activities. Fairholme Lake is a quiet lake with Crown Land covering 50% of the shoreline. Known for its clear water and great swimming. A boat launch is conveniently located just around the corner on Crown Retreats Road. You're also close to larger nearby lakes including Wahwashkesh, Whitestone and Lorimer, perfect for boating and fishing. This is your chance to enjoy cottage life in a welcoming community with a quick closing available!
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Property Summary
This detached home located at 40 Fairholme Lake Road, Whitestone is currently for sale and has been available on SousaSells for 353 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 40 Fairholme Lake Road, Whitestone is in the Whitestone neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Wooded/Treed
Interior Features
Carpet Free, Water Heater Owned
Security Features
Community Features
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Location
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 40 Fairholme Lake Road, Whitestone, ON P0A 1G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Whitestone, ON
For a property listed at $599,000 in Whitestone, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.