
Welcome to this remarkable investment located in the coveted neighborhood of TB-612. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $395,000 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.
Here's your chance to become a part of history! The Bayview Hotel in Vermilion Bay, Ontario, holds a significant place in the local history of the community. Established in the early 1900s, the hotel originally served as a stopping point for travellers and loggers exploring the vast wilderness of Northwestern Ontario. Over the years, the Bayview Hotel evolved into a hub of social activity, hosting events, gatherings, and providing accommodation for visitors to the area. With its picturesque location overlooking Eagle Lake, the hotel became a popular destination for tourists seeking relaxation and natural beauty. You can now enjoy owning and operating this fully licensed lounge with a bar and dance floor. In the main building there is a one bedroom apartment on the main floor and 3 one bedroom apartments and a bachelor apartment on the second floor. The 5 Unit Motel next to the main building has been renovated into 4 one bedroom apartments for extra added income.Laminate flooring in the bar replaced in 2018. High efficiency furnace upgrades also completed in 2018. Other upgrades include a new Hot Water tank in 2024, shingles in 2012 and an upgraded fire alarm system. Must be seen to be appreciated. Call to day and make your appointment to view!
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This investment located at 35 Spruce Avenue, Machin is currently for sale and has been available on SousaSells for 802 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 35 Spruce Avenue, Machin is in the TB-612 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 TB-612, Machin.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Machin or researching Machin real estate for sale, this investment at 35 Spruce Avenue, Machin, ON offers an exceptional opportunity to buy a home in Machin, Ontario. Whether you are a first-time Machin home buyer or comparing active Machin MLS® homes for sale, working with a dedicated Machin buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Machin real estate listings, compare active Machin houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Machin realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $1,315*/month*. Estimated Ontario Land Transfer Tax: $4,400. First-time Machin home buyers may qualify for up to $8,475 in rebates.
The current listing price for 35 Spruce Avenue, Machin, ON in TB-612, Machin is $395,000.
This property features null bedrooms and 3 bathrooms.
35 Spruce Avenue, Machin, ON is a Investment () featuring a Yes, Full basement.
Interior highlights include: Other.
Heating is provided via Gas and cooling via Yes.
TB-612, Machin
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
Data-driven valuation for 35 Spruce Avenue, Machin, ON P0V 2V0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Machin.
About Purchasing a Home in Machin, ON
For a property listed at $395,000 in Machin, the legal minimum down payment is $19,750 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 $4,400 for this transaction. As this listing is in Machin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,400.
Comprehensive city-wide demographics, local real estate stats, and school rankings for TB-612, Machin.
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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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