27 Howey Street, Red Lake, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $60,000 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
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling
Description
Build Your Dream Home or Development Project on This Unique Vacant Land Opportunity at 27 Howey Street in Red Lake. Located within Municipal Limits and Zoned R2-5, this property offers excellent potential. Enjoy access to Howey Bay directly across the road, with elevated building areas that may provide Beautiful Lake Views! A rare opportunity to secure land in a desirable location close to town amenities and Waterfront access. Sale Subject to HST.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 27 Howey Street, Red Lake, ON P0V 2M0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Red Lake, ON
For a property listed at $60,000 in Red Lake, the legal minimum down payment is $3,000 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 $325 for this transaction. As this listing is in Red Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $325.
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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.
