1049 GRACE RIVER Road, Highlands East, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Monmouth. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $264,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a spacious lot (Acres)
- 3.0 total parking spaces available
- Notable attributes: Other
- Efficient baseboard heating via wood
Description
Check out this delightful 2 bed/1 bath, 3 season cottage with a lovely open concept KT/LR/DR! The interior is nicely finished with a cozy living space & is heated with a woodstove & some EBB! The walk-out from the living room offers breezes & light and leads to the spacious front deck that is perfect for enjoying your surroundings! It is cute as a button & would make a nice little get-a-way from the city. Services include a septic system & drilled well! Want more? The public boat launch is just down the road giving you access to both Grace & Dark Lakes! This property is on a municipal year-round road & is very close to Wilberforce for amenities (Foodland, LCBO, Arena & more)! So, if you are looking for a country escape & love exploring the outdoors, this cottage may be for you! Plus, there are loads of recreational activities to enjoy around the County! This will not last so, act now!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1049 GRACE RIVER Road, Highlands East, ON K0L 3C0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Highlands East, ON
For a property listed at $264,900 in Highlands East, the legal minimum down payment is $13,245 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 $2,449 for this transaction. As this listing is in Highlands East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,449.
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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.
