91 Gibson Bay Road, Whitestone, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hagerman. Expertly crafted featuring premium aluminum siding and concrete block construction, this residence presents an exceptional opportunity offered at $529,000 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 110 x 298 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Upgraded Insulation, Water Heater Owned
- Efficient other heating via wood
Description
Western exposure fully furnished cottage on a four season road and enjoying beautiful big lake views overlooking Whitestone Lake. The price has been reduced to reflect a roof leak that occurs in the winter above the kitchen window and the moisture in the crawl space that the wood has absorbed. The cottage is being sold as is. The cottage features the kitchen with dining room and a wood stove in the living room. There is a back storage room, a sauna and three hall closets. The cottage has been mostly renovated since 2005 including the kitchen, bathroom, bedrooms, flooring, windows, sliding doors, outdoor decking and the roof. A new floating dock has recently been added. Take in endless sunsets from your deck or your dock while being lakeside on those long summer days. In 2016 a 108 sq. ft Summerwood cedar bunkie was built and an approximate 100 sq ft shed.
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Separate Heating Controls, Upgraded Insulation, Water Heater Owned
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Pricing & Value Insights
Data-driven valuation for 91 Gibson Bay Road, Whitestone, ON P0A 1G0
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About Purchasing a Home in Whitestone, ON
For a property listed at $529,000 in Whitestone, the legal minimum down payment is $27,900 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 $7,055 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 $7,055.
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