8478 Gilmour Road, Port Hope, ON
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Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Port Hope. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $689,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
Exceptional 90-acre property offering a rare combination of workable land and mature hardwood bush. Approximately 56 acres are currently workable, with the balance in hardwood forest providing privacy, natural beauty, and recreational opportunities. Featuring approximately 980 feet of road frontage and a barn on the property, this parcel is well suited for hobby farming or investment. Ideally located close to Ganaraska Forest, offering miles of trails for hiking, horseback riding, mountain biking, and snowmobiling. Also just minutes to Rice Lake for boating and fishing, and Brimacombe Ski Hill for winter activities. Convenient access to Highways 407, 115, and 401 makes commuting easy while still enjoying a peaceful rural setting. A versatile property with excellent potential for agricultural use, recreation, or long-term investment. Farm taxes are approved for 2026 so new taxes should be around $1900.00 per year.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8478 Gilmour Road, Port Hope, ON L0A 1B0
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About Purchasing a Home in Port Hope, ON
For a property listed at $689,000 in Port Hope, the legal minimum down payment is $43,900 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 $10,255 for this transaction. As this listing is in Port Hope (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,255.
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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.
