495 Webster's Lane, Georgian Bay, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Freeman. Expertly crafted featuring premium wood 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 137.8 x 295.12 ft lot
- 10.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
An opportunity to enjoy the quieter side of lakeside living on Galla Lake, surrounded by mature trees, Crown land and just a small number of cottages on the lake. Set on 137' of frontage and just under an acre of land with north exposure, this 3-bedroom, 1-bath cottage showcases sunsets from the dock and a private setting with a Crown land buffer beside the property. The waterfront features a shallow sandy entry for children, along with deeper water off the dock for swimming and boating. With only approximately 40 cottages on the lake and ample surrounding Crown land, Galla Lake has remained a peaceful and relatively untouched area while still allowing boating and full enjoyment of the lake. Currently enjoyed as a 3-season getaway, the property could easily be transitioned into a four-season cottage over time. Whether you continue using the cottage as it stands today, renovate or build something new down the road, this is a property with long-term potential in a naturally scenic setting. Located approximately 2 hours and 15 minutes from the GTA, close to Port Severn and Port Carling, and under an hour from Barrie and Highway 400.
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Pricing & Value Insights
Data-driven valuation for 495 Webster's Lane, Georgian Bay, ON L0K 1S0
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About Purchasing a Home in Georgian Bay, ON
For a property listed at $625,000 in Georgian Bay, 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 Georgian Bay (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.
