851 OLMSTEAD-JEFFREY LAKE Road, Whitewater Region, ON

$789,900
MLS#:X9436902
3 beds
2 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 580 - Whitewater Region. Expertly crafted featuring premium log and wood construction, this residence presents an exceptional opportunity offered at $789,900 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 2 Bathrooms
  • Premium 149.78 x 290.16 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned
  • equipped with other central cooling and highly efficient forced air heating via propane

Description

Flooring: Tile, Nestled on a 1.15-acre lot, this exceptional home offers tranquil views, and an invitation to indulge in a serene waterfront lifestyle. The inviting interior features an open main floor design, Cordwood masonry, and windows that look onto the natural setting. Details include a main level primary bd, a living room w/a freestanding gas stove, a dining room w/custom built-ins, and a kitchen equipped with an island & ss appliances. There is a three-season screened-in porch with space for sitting and dining, along with a hot tub that overlooks the lake. The lower level incorporates a rec room, two bds & a full bathroom in the design. Outside, a spectacular venue awaits to be enjoyed throughout the seasons. From quiet moments on the front verandah, or in the backyard that includes a deck & a patio. A picture-perfect backdrop offering mature trees, and private grounds that continue to the dock & the waterfront. This fabulous property is complete with a carport & an oversized detached garage., Flooring: Hardwood, Flooring: Mixed

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Property Summary

This detached home located at 851 OLMSTEAD-JEFFREY LAKE Road, Whitewater Region is currently for sale and has been available on SousaSells for 767 days. This property is listed at $789,900 with an estimated mortgage of $2,629* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 851 OLMSTEAD-JEFFREY LAKE Road, Whitewater Region is in the 580 - Whitewater Region neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionLog, Wood
BasementFull, Finished
Lot Size149.78 × 290.16
CountyRenfrew
Annual Tax$5,520
Legal DescriptionPT LT 16, CON 3 ROSS, PT 3, 49R5280 ; ROSS; TOWNSHIP OF WHITEWATER REGION

Parking & Garage

Parking Spaces6.0
Garage TypeOther

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingOther

Features

Property Features

Golf, Park, Waterfront, Waterfront

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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851 OLMSTEAD-JEFFREY LAKE Road, Whitewater Region, 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 851 OLMSTEAD-JEFFREY LAKE Road, Whitewater Region, ON K0J 1Y0

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$236,970 (30.0%)
* Minimum Canadian down payment required for this price is $53,990.
Amortization Period30 Years
Estimated Monthly Payment$2,629Based on a loan of $552,930 over 30 years.
Purchase Price$789,900
Loan Amount$552,930
Provincial Land Transfer Tax:$12,273
Total Estimated Closing Taxes:$12,273

About Purchasing a Home in Whitewater Region, ON

For a property listed at $789,900 in Whitewater Region, the legal minimum down payment is $53,990 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 $12,273 for this transaction. As this listing is in Whitewater Region (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Whitewater Region.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$462,078

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.