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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 057 - Smithville. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $500,900 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.
Attention Investors! This home is a rare find in the Smithville area, offering incredible potential for those with a vision. Sitting on a spacious lot in the heart of Smithville, this property provides the perfect canvas for your renovation dreams. Whether you're looking to flip, rent, or create your own masterpiece, this property is full of possibilities! Featuring 3 bedrooms, 1 full bath, and 1 powder room, this house has the structure you need to build something exceptional. The unfinished basement presents an excellent opportunity to add more living space, a recreation room, or even a separate suite. The expansive lot provides ample space for outdoor living & large garden. Don't miss this incredible opportunity to bring this home to its full potential. This property is being sold as-is, where-is, and the seller makes no warranties regarding the condition of the property.
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Hospital, Library, Place Of Worship, Public Transit, School, Wooded/Treed
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 325 West Street, West Lincoln, ON L0R 2A0
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 West Lincoln.
About Purchasing a Home in West Lincoln, ON
For a property listed at $500,900 in West Lincoln, the legal minimum down payment is $25,090 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 $6,493 for this transaction. As this listing is in West Lincoln (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,493.
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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.