55 HATTON Drive, Penetanguishene, ON

$699,900
MLS#:S11884262
4 beds
3 baths
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This listing is no longer active (Sold)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 Penetanguishene. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 40 x 131 ft lot size
  • Features a unfinished, 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

YOUR NEW DREAM HOME IN THE HEART OF PENETANGUISHENE AWAITS! Community and Convenience combine in this ideally situated 6-year-old two-story 1783 finished square foot home with loads of room to expand in the unfinished basement! With four spacious bedrooms and 2.5bathrooms, including a main-floor laundry for ease and practicality, this home ensures comfort and functionality for everyday living. The eat-in kitchen, with a sliding door leading to a generous, fully fenced backyard, is perfect for family gatherings, entertaining, and letting your fur babies safely roam. The open dining area invites warm shared meals, family game nights or special holiday meals and the creation of tons of memories. Imagine the possibilities with the unfinished basement, offering unlimited potential for expanding your living space to suit your needs, whether you dream of a recreation room, home gym, movie room, or additional living quarters. With winter fast approaching, tuck away your vehicles and belongings in the double car garage, complete with inside entry for a top level added convenience. Located within walking distance to schools, this home is ideal for growing families. Enjoy the serene beauty of Georgian Bay and all the area has to offer. Add the convenience of being just a 10-minute drive to Midland, a 40-minute commute to Barrie and 45 minutes to Orillia. Don't miss this opportunity to create lasting memories in this delightful abode; this could be your forever home.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 18, 2024
Sold price information is available to members only
Listed Date12/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished, Full
Lot Size40 × 131 Feet
CountySimcoe
Annual Tax$5,140.74
Legal DescriptionLOT 28, PLAN 51M1109 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC1498301 TOWN OF PENETANGUISHENE

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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55 HATTON Drive, Penetanguishene, 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 55 HATTON Drive, Penetanguishene, ON L9M 0V6

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 Penetanguishene.

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Interest Rate5.25%
Down Payment$44,990 (6.4%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $654,910 over 25 years.
Purchase Price$699,900
Loan Amount$654,910
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Penetanguishene, ON

For a property listed at $699,900 in Penetanguishene, the legal minimum down payment is $44,990 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 $10,473 for this transaction. As this listing is in Penetanguishene (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.

Nearby Listings

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No current listings found in Penetanguishene.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$688,007

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

James Keating
Public20 Lorne Avenue, Penetanguishene, Ontario, L9M 1B2
2.2
Burkevale
Public39 Burke Street, Penetanguishene, Ontario, L9M 1C4
7.6
St Ann's
Public5 Dunlop Street, Penetanguishene, Ontario, L9M 1J2
6.1
St-Joseph
Public30 Poyntz Street, Penetanguishene, Ontario, L9M 1N4
5.7
Canadian Martyrs
Public7 Bellisle Road, Penetanguishene, Ontario, L9M 1N6
2.0

Secondary Schools

Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8

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.