93 GIBSON BAY Road, Whitestone, ON

$399,000
MLS#:X10895682
0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on September 25, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Hagerman. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $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.

  • 0 Bedrooms and 0 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy

Description

First-time for sale on stunning Whitestone Lake! This beautiful property, just under an acre, 108' of shoreline with breathtaking granite and a sandy beach area. The lot is level with a gentle slope to the lake, located in Gibsons Bay. Included with the property are a small camper and a shed. Hydro is available on the lot. With a bit of landscaping, you can transform this space into your personal paradise. A driveway is already in place. After enjoying hours of sun and water activities, head into town to savor the best ice cream at Duckrock General Store and Restaurant. Upon return visit the walking trails through Whitestone and enjoy nature at it's finest. Additional local amenities include a marina, library, community center, nursing station, LCBO, place of worship, town office, and park. Located approximately 30 minutes from Parry Sound or Sundridge, you can explore even more shopping, sightseeing, restaurants and markets. This property offers something for everyone. Don't miss out on this incredible opportunity—be sure to check out the video!

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Property Summary

This vacant land located at 93 GIBSON BAY Road, Whitestone is currently for sale and has been available on SousaSells for 777 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 93 GIBSON BAY Road, Whitestone is in the Hagerman neighborhood.

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

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date5/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
CountyParry Sound
Annual Tax$839.7
Legal DescriptionPT LT 35 CON 13 HAGERMAN PT 38A PSR1773; T/W RO72714; WHITESTONE PCL 18946 SEC SS; PT LT 34 CON 13 HAGERMAN PT 38 PSR1830; T/W PARTS A & C PSR1830 AS IN LT105491; WHITESTONE

Parking & Garage

Garage TypeNone

Heating & Cooling

Features

Property Features

Interior Features

Security Features

Community Features

Location

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93 GIBSON BAY Road, Whitestone, 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 93 GIBSON BAY Road, Whitestone, ON P0A 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Whitestone.

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Interest Rate4.00%
Down Payment$119,700 (30.0%)
* Minimum Canadian down payment required for this price is $19,950.
Amortization Period30 Years
Estimated Monthly Payment$1,328Based on a loan of $279,300 over 30 years.
Purchase Price$399,000
Loan Amount$279,300
Provincial Land Transfer Tax:$4,460
Total Estimated Closing Taxes:$4,460

About Purchasing a Home in Whitestone, ON

For a property listed at $399,000 in Whitestone, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Hagerman, Whitestone.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$687,620

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.