42-44 Ottawa Avenue, South River, ON

$150,000
MLS#:X10296699
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0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.

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Added:Nov 1, 2024(666 days ago)
Updated:Dec 4, 2024(633 days ago)
Last Checked:25 minutes ago

Property Highlights

Welcome to this remarkable Other vacant land located in the coveted neighborhood of South River. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $150,000 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 132.5 x 135 ft lot size
  • Notable attributes: None

Description

Seize the opportunity to own a remarkable level corner double lot, measuring 133' x 135', in an up-and-coming neighbourhood in the Village of South River. This property is ideally located just steps from the serene shores of Forest Lake, where you can enjoy scenic views, water activities, and endless natural beauty. Perfect to build your dream home, future development or a cozy getaway, the property features a solid 20' x 16' steel-roofed garage, complete with electrical services, making it an ideal workspace or storage area for recreational equipment. With electrical services already on the property, this versatile lot offers exceptional potential for a customized build or expanded living arrangements. Enjoy all-day sun with the desirable southern exposure and take advantage of nearby amenities, including the picturesque Tom Thomson Park and a convenient boat launch just 2 minutes away. This unique property combines convenience, outdoor adventure, and long-term investment potentialideal for nature lovers and investors alike!

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Get Tony Sousa's written guarantee: Your house sold or I'll buy it!*

*Conditions apply. Contact SousaSells.ca for more info.

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Property Summary

This vacant land located at 42-44 Ottawa Avenue, South River is currently for sale and has been available on SousaSells for 666 days. This property is listed at $150,000 with an estimated mortgage of $499* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 42-44 Ottawa Avenue, South River is in the South River 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 South River, South River.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Vacant Land architecture in South River, South River
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
AddedNov 1, 2024 (666 days ago)
UpdatedDec 4, 2024 (633 days ago)
Last Checked25 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Architectural StyleOther
Lot Size132.5 Ă— 135 Feet
CountyParry Sound
Annual Tax$422
Legal DescriptionLT 25-26 PL 48; SOUTH RIVER

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 42-44 Ottawa Avenue, South River, ON

Q.What is the asking price for 42-44 Ottawa Avenue, South River, ON ?

The current listing price for 42-44 Ottawa Avenue, South River, ON in South River, South River is $150,000.

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

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 42-44 Ottawa Avenue, South River, ON ?

42-44 Ottawa Avenue, South River, ON is a Vacant Land (Other) featuring a basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

Location

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42-44 Ottawa Avenue, South River, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

South River, South River

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
â–Ľ 6%

Improving vs previous year

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

Formula: (Annual Occurrences / Population) Ă— 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 42-44 Ottawa Avenue, South River, ON P0A 1X0

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 South River.

Configure Loan Settings

Interest Rate4.00%
Down Payment$45,000 (30.0%)
* Minimum Canadian down payment required for this price is $7,500.
Amortization Period30 Years
Estimated Monthly Payment$499Based on a loan of $105,000 over 30 years.
Purchase Price$150,000
Loan Amount$105,000
Provincial Land Transfer Tax:$1,225
Total Estimated Closing Taxes:$1,225

About Purchasing a Home in South River, ON

For a property listed at $150,000 in South River, the legal minimum down payment is $7,500 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 $1,225 for this transaction. As this listing is in South River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,225.

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South River, South River Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$315,375

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 South River, South River

Elementary Schools

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Secondary Schools

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South River, South River Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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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