3388 Concession Road 3

Newcastle, Clarington

3388 Concession Road 3, Newcastle, Clarington

$7,988,000

Bedrooms: 5

Bathrooms: 5

Living Area: 2,000 sqft

Price Per Sqft: $3,994.00

About this Detached

in Newcastle, Clarington

Welcome to Russet Ridge Estate, a 71.82 acre estate less than an hour from the Greater Toronto area and minutes from Highway 401, 407 and 115. Are you an outdoor enthusiast seeking privacy? Does being surrounded in nature with the ability to live off your land appeal to you? The owners of this estate have protected the nature of the lands for over 50 years. Agricultural zoning (A1) and Environmental protection (EP). Custom bungalow with 5 bedrooms and 4 1/2 bathrooms with over 4000+ sq. ft. of total living space and attached 2 car garage. Stunning views from the extra large deck overlooking one of the 3 spring feed ponds. An abundance of wildlife calls this land home including majestic bald eagles, wild turkey, deer, blue herons, turtles, ducks and much more. Approximately 1/2 mile of Wilmot Creek runs through the property enabling you to experience migrating salmon in the fall and a variety of trout fish in the spring. 3 spring fed ponds with small mouth bass, plus additional natural springs provide an abundance of potable water. 15-acre orchard with Golden Russet, Mcintosh, Cortland and Empire apples. Outbuildings include: 4000 sq. ft. industrial workshop with hydro and well,1500 sq ft. animal barn with hydro, well and hay loft, 972 sq ft garage/ hobby shop with hydro and diesel, 816 sq. ft. classroom portable with hydro, bathroom and kitchenette beside the industrial workshop plus a Farm Gate market shed, Two picnic shelters with fire pits Stunning topography includes meadows, trails, gardens with wildflowers and forests making this a truly magical setting with much to do all year around. Must be seen in person to be fully appreciated.

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

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