2487 Blezard Line, Otonabee-South Monaghan, ON
Property Highlights
Welcome to this remarkable Bungalow vacant land located in the coveted neighborhood of Otonabee-South Monaghan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $649,000 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
- Premium 1960.06 x 2242.82 ft lot size
- 11.0 total parking spaces available with a convenient detached configuration
Description
Over 100 acres of farm land and woods all ready to build your dream home located 15 minutes East of Peterborough. This property is extremely private with a long driveway. No need for entry permits to build an entry! Never mind bringing hydro, phone, well, or septic because it's already there. It's zoned for 2 dwellings, and the original house built in 1888 is still standing, so if you are a contractor, you can bring it back to life with a lot of TLC. It currently has working plumbing and electrical. The giant barn, also original to 1888, has finally collapsed giving you a plethora of expensive, building materials to work with or sell. The property is being sold as is, as a vacant land for building a home. Do not miss the opportunity to own this much land and gain this much privacy.
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Pricing & Value Insights
Data-driven valuation for 2487 Blezard Line, Otonabee-South Monaghan, ON K0L 2B0
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About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $649,000 in Otonabee-South Monaghan, the legal minimum down payment is $39,900 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 $9,455 for this transaction. As this listing is in Otonabee-South Monaghan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,455.
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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.