3413 Wallace Point Road, Otonabee-South Monaghan, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $659,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 180 x 282 ft lot
- Features a full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 17.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via other
Description
Enjoy country living in this newly constructed owner-built barn home on approximately 1.1 Acres. Basement, framing & plumbing & electrical have passed inspection. Over 3000 sq. ft. open concept main floor with wood burning fireplace insert & laundry. Full basement with wood burning fireplace insert, roughed in laundry and roughed in 4 piece bathroom. House features reclaimed church accents & 20' by 24' sunroom with hot tub. Enjoy panoramic views from the full length covered 60' by 10' front porch or the 60' by 8' elevated Timber Prow rear covered porch. New septic tank & bed. 10 kw solar panels currently provide an annual credit. Heat/air conditioning is provided by 2 ground mounted air source heat pumps. Also includes Century barn which is 24 ft. X 36 ft. Property will have to be re-assessed after completion of house and completion of severance. House is currently 80% completed. Taxes showing are estimated.
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Features
Property Features
Clear View, Part Cleared, School Bus Route
Interior Features
Water Heater Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3413 Wallace Point Road, Otonabee-South Monaghan, ON K9J 6Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $659,000 in Otonabee-South Monaghan, the legal minimum down payment is $40,900 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 $9,655 for this transaction. As this listing is in Otonabee-South Monaghan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,655.
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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.