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Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Scugog. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 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.
Client Remarks This welcoming raised bungalow is perfect for the first time homeowner or couple wishing to downsize. It is just steps to Lake Scugog and newly renovated in 2018, the kitchen comes with all stainless appliances and a quartz counter for easy cleaning. this pleasant environment has farmland behind and waterfront properties across the street. The Generac generator will provide back-up power in case of power outage. The paved driveway can easily park 3 vehicles for residence and/or visitors. The skirted 10ft X 16ft front deck can store your kayak, canoe or outdoor patio furniture for the winter months. Don't miss this opportunity to put your own touches on this huge unfinished basement.
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Data-driven valuation for 509 VIEW LAKE Road, Scugog, ON L0B 1K0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Scugog.
About Purchasing a Home in Scugog, ON
For a property listed at $625,000 in Scugog, the legal minimum down payment is $37,500 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 $8,975 for this transaction. As this listing is in Scugog (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,975.
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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.