1507 Old Folks Drive, Highlands East, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Monmouth. Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $699,999 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 1100-1500 sqft on a premium 29.98 x 341.85 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with other central cooling and highly efficient other heating via wood
Description
Escape to your own private waterfront retreat. Nestled among mature trees and set on a serene shoreline, this stunning four-season cottage offers the perfect blend of tranquility, space, and lifestyle. Set on pristine shores of Monmouth lake, a quiet and highly sought-after lake known for its privacy and natural surroundings. The main residence is warm and inviting, complemented by two additional structures that make this property truly special. A separate 2-bedroom bunkie provides ideal accommodations for family and guests, while the impressive detached double garage with a loft-style recreation space above-complete with a bar and pool table-creates the ultimate setting for entertaining. Step outside to multiple decks and seating areas overlooking the water, where you can enjoy breathtaking views, peaceful mornings, and unforgettable sunrises. A private dock offers easy access for swimming, boating, and all your waterfront activities. Surrounded by nature yet designed for comfort, this property is perfectly suited for year-round living or a luxurious getaway. Whether you're hosting, relaxing, or exploring the outdoors, this one-of-a-kind retreat delivers the lifestyle you've been dreaming of.
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Property Summary
This detached home located at 1507 Old Folks Drive, Highlands East is currently for sale and has been available on SousaSells for 122 days. This property is listed at $699,999 with an estimated mortgage of $2,330* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 1507 Old Folks Drive, Highlands East is in the Monmouth neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Monmouth, Highlands East.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1100-1500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Campground
- Clear View
- Lake Access
- Lake/Pond
- Ravine
Interior Features
- None
Security Features
- Other
Community Features
None listed
Frequently Asked Questions about 1507 Old Folks Drive, Highlands East, ON
Q.What is the asking price for 1507 Old Folks Drive, Highlands East, ON ?
The current listing price for 1507 Old Folks Drive, Highlands East, ON in Monmouth, Highlands East is $699,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1100-1500 sqft.
Q.What property type and architectural style is 1507 Old Folks Drive, Highlands East, ON ?
1507 Old Folks Drive, Highlands East, ON is a Detached (1 1/2 Storey) featuring a Crawl Space basement.
Q.What key property features does 1507 Old Folks Drive, Highlands East, ON offer?
Key property features include: Beach, Campground, Clear View, Lake Access, Lake/Pond, Ravine.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.What security features are installed at 1507 Old Folks Drive, Highlands East, ON ?
Security features include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Wood and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Monmouth, Highlands East
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
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 1507 Old Folks Drive, Highlands East, ON K0L 2Y0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Highlands East, ON
For a property listed at $699,999 in Highlands East, the legal minimum down payment is $45,000 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 $10,475 for this transaction. As this listing is in Highlands East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,475.
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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.
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