$2,790,000
East Garafraxa
311009 16 Line, East Garafraxa, Ontario, L9W7C6
This 7-bedroom, 6-bathroom home in East Garafraxa is for sale offering roughly 3,250 sq ft of space. It has been on the market 69 days, fresher than the East Garafraxa average of 131 days.
Situated on a prominent corner lot, Potential for severance into two approximately equal parcels it has received Town-level approval and is currently awaiting County approval, anticipated in the coming months. Rare opportunity to own a custom-built luxury bungalow on just under 5 acres, offering exceptional space, privacy and exciting future potential in East Garafraxa. Offering 5,000+ sq. ft. of luxurious living space, this impressive residence is perfectly designed for large and multi-generational families, featuring 4 spacious bedrooms, an office and 4 bathrooms. The heart of the home is the Italian-inspired chef's kitchen with stone counters and built-in appliances, opening into an impressive great room with hardwood floors, fireplace and walkout to the expansive deck. A separate dining room and main-floor office add even more functionality. The private primary retreat features a luxurious 5-piece ensuite with dual showers and sinks, Roman tub and its own walkout to the deck. The massive walkout lower level offers incredible flexibility, including spacious family/recreation area, 3 additional bedrooms, a kitchen, two bathrooms and offers ample space for a home theatre, extended family living, entertaining, and much more. Additional features or improvements may be completed upon the buyer's request, subject to mutually agreeable terms between the parties. Outside, enjoy the scale and privacy of nearly 5 acres, an expansive deck and a triple-car garage with exceptional ceiling height. A truly unique offering combining luxury bungalow living, tremendous interior space, acreage and significant future potential-all within one remarkable property. Also, Seller is willing to provide VTB to eligible buyers at an attractive rates. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 69 days on market, against an average age of 131 days across the listings currently for sale in this city
This 7-bed single family in East Garafraxa has been listed for 69 days, which is 62 days fresher than the city average of 131. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,790,000, about 25.4× the local median household income of $110,000.
Carrying it typically needs a household income of about $544,985 (20% down, 25-yr amortization, stress-tested) — roughly 395% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9W)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.