124 SALZBURG Place, Blue Mountains, ON

$2,799,000
MLS#:X10895312
5 beds
4 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Blue Mountains. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $2,799,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 78.69 x 127 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other, Separate Heating Controls, Water Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Introducing 124 Salzburg Place. Situated on a private cul de sac in the heart of Craigleith, this 5371 sq/ft contemporary chalet boasts 5 bedrooms and 4.5 bathrooms and offers ample space for a growing family or for entertaining large groups of guests. Inside, you'll find an open floor plan with lots of large, bright windows, featuring a custom-built oak kitchen with high-end finishes and top-of-the-line appliances. The kitchen opens to a large dining space with a wet bar, perfect for entertaining. Cosy up in front of the fireplace in the comfortable great room after a day at the beach or on the slopes. The large deck extends the full length of the home and expands your living space with outdoor heaters that provide warmth and comfort while enjoying the stunning views of the ski hills and it is all set to install an outdoor kitchen. With high-end finishes and fixtures throughout, this home provides a bright and airy atmosphere and functional layout. The large windows offer panoramic views of the surrounding landscape and ski hills, allowing natural light to flood into the interior spaces. The epitome of luxury living with its high ceilings throughout, heated floors and ICF foundation in the lower level and the heated garage has enough height to install car lifts. This serene retreat is conveniently located close to Northwinds Beach, Craigleith and Alpine Ski Clubs and only a few minutes drive to the shops and bistros of Thornbury and Blue Mountain Village. A must see to truly appreciate.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood , Stone
BasementFinished, Full
Lot Size78.69 × 127
CountyGrey County
Annual Tax$3,726
Legal DescriptionLOT 2, PLAN 16M81 SUBJECT TO AN EASEMENT FOR ENTRY AS IN GY217243 TOWN OF THE BLUE MOUNTAINS

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Other, Separate Heating Controls, Water Meter, Sump Pump, Air Exchanger

Security Features

Community Features

Location

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124 SALZBURG Place, Blue Mountains, 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 124 SALZBURG Place, Blue Mountains, ON L9Y 0S2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$559,800 (20.0%)
* Minimum Canadian down payment required for this price is $559,800.
Amortization Period25 Years
Estimated Monthly Payment$13,344Based on a loan of $2,239,200 over 25 years.
Purchase Price$2,799,000
Loan Amount$2,239,200
Provincial Land Transfer Tax:$56,450
Total Estimated Closing Taxes:$56,450

About Purchasing a Home in Blue Mountains, ON

For a property listed at $2,799,000 in Blue Mountains, the legal minimum down payment is $559,800 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 $56,450 for this transaction. As this listing is in Blue Mountains (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $56,450.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Blue Mountains, Blue Mountains.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,287,490

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.