71 MAYER Street, The Nation, ON

$549,900
MLS#:X9447267
3 beds
2 baths
3.0 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This listing is no longer active (Sold)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 Bungalow semi-detached located in the coveted neighborhood of 616 - Limoges. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 36.91 x 104.99 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Laminate, Welcome to this charming semi-detached bungalow, designed for convenient one-level living. It features a seamless open concept layout that effortlessly combines the living, dining, and kitchen areas, creating an inviting space for both relaxing and entertaining. The main floor includes a laundry room, adding to the ease of everyday living. The spacious bedrooms(2 up, 1 down), offer a generous amount of space. The spa-like main bath is a true retreat, complete w a luxurious soaker tub and a large walk-in shower. The fully finished basement is a standout feature, boasting an additional bedroom and bathroom, along w a massive rec room that's ideal for gatherings or personal hobbies. Outside, you'll find a fully fenced rear yard, perfect for privacy and outdoor activities. Additional features include a garage and a reliable Generac generator, ensuring peace of mind. Nestled in a quiet neighbourhood, this home offers a tranquil setting while still being conveniently located.

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Key Features

Bedrooms
3
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 22, 2024
Sold price information is available to members only
Listed Date7/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionBrick, Other
BasementFull, Finished
Lot Size36.91 × 104.99
CountyPrescott and Russell
Annual Tax$3,378
Legal DescriptionPART OF LOT 30 PLAN 50M307, BEING PART 2 ON PLAN 50R10006 THE NATION MUNICIPALITY

Parking & Garage

Parking Spaces3.0
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Water Treatment

Security Features

Community Features

Location

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71 MAYER Street, The Nation, 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 71 MAYER Street, The Nation, ON K0A 2M0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in The Nation.

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Interest Rate5.25%
Down Payment$29,990 (5.5%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period25 Years
Estimated Monthly Payment$3,098Based on a loan of $519,910 over 25 years.
Purchase Price$549,900
Loan Amount$519,910
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in The Nation, ON

For a property listed at $549,900 in The Nation, the legal minimum down payment is $29,990 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 $7,473 for this transaction. As this listing is in The Nation (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$603,178

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

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Secondary Schools

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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.