55 Park Street, Bonfield, ON

$50,000
MLS#:X11998841
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2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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This property was sold on March 17, 2025. This listing is for reference purposes only. to view the sold price.

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Added:Mar 4, 2025(543 days ago)
Updated:Mar 17, 2025(530 days ago)
Last Checked:12 minutes ago

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Bonfield. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $50,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 56.44 x 62.76 ft lot
  • 2.0 total parking spaces available
  • Notable attributes: None
  • Efficient other heating

Description

This once upon a time loved home is being sold in "as is where is condition". There is a 6-inch drilled well but no water to the home due to pipes freezing in the winter. No steel roof over the bathroom has caused a significant amount of water damage above & as well as the interior. Heating not operational. Hydro is off. The septic is a holding tank. There is natural gas to the home and a single wide driveway. Seller will not be responsible for any liabilities. Home may need to be torn down, but for the right person this home can potentially be saved! The lot itself is beautiful and located in a country setting with close neighbours. Great lot to build a new home! Note, there is NO ACCESS to interior of the home permitted.

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Property Summary

This vacant land located at 55 Park Street, Bonfield is currently for sale and has been available on SousaSells for 543 days. This property is listed at $50,000 with an estimated mortgage of $166* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 55 Park Street, Bonfield is in the Bonfield neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bonfield, Bonfield.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 17, 2025
Sold price information is available to members only
AddedMar 4, 2025 (543 days ago)
UpdatedMar 17, 2025 (530 days ago)
Last Checked12 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size56.44 × 62.76 Feet
CountyNipissing
Annual Tax$1,597.7
Legal DescriptionPCL 19940 SEC NIP; PT LT 33 CON 9 BONFIELD PT 1 NR251; BONFIELD; DISTRICT OF NIPISSING

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat TypeOther
CoolingNone

Features

Property Features

  • Fenced Yard
  • Park
  • Place Of Worship
  • School Bus Route

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 55 Park Street, Bonfield, ON

Q.What is the asking price for 55 Park Street, Bonfield, ON ?

The current listing price for 55 Park Street, Bonfield, ON in Bonfield, Bonfield is $50,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 55 Park Street, Bonfield, ON ?

55 Park Street, Bonfield, ON is a Vacant Land () featuring a basement.

Q.What key property features does 55 Park Street, Bonfield, ON offer?

Key property features include: Fenced Yard, Park, Place Of Worship, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via None.

Location

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55 Park Street, Bonfield, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bonfield, Bonfield

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 55 Park Street, Bonfield, ON P0H 2E0

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 Bonfield.

Configure Loan Settings

Interest Rate4.00%
Down Payment$15,000 (30.0%)
* Minimum Canadian down payment required for this price is $2,500.
Amortization Period30 Years
Estimated Monthly Payment$166Based on a loan of $35,000 over 30 years.
Purchase Price$50,000
Loan Amount$35,000
Provincial Land Transfer Tax:$250
Total Estimated Closing Taxes:$250

About Purchasing a Home in Bonfield, ON

For a property listed at $50,000 in Bonfield, the legal minimum down payment is $2,500 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 $250 for this transaction. As this listing is in Bonfield (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $250.

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Bonfield, Bonfield Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$587,187

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%

Best Schools in Bonfield, Bonfield

Elementary Schools

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Secondary Schools

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Bonfield, Bonfield Demographic Home information

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.

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