The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A rare waterfront building site roughly 213 ft of shoreline. (2.2 Acres) Approved Community Permit Plan For 18m Set Back From High Water Mark!! In the heart of Dwight with a well-packed sandy shoreline, east facing bay and mature hardwood trees. This property has plenty of privacy and a gentle slope toward the lake-an exceptional setting for a custom walkout cottage overlooking the lake with a natural granite backdrop. The shoreline offers an attractive location for a dock and a possible boathouse overlooking the beautiful bay. From the dock, there would be an open water channel view, all of the above creating an opportunity to design a cottage property that takes advantage of sunlight, unique views with lovely sunrises, and Lake Of Bays pristine water. Located near the end of a quiet, no-exit road, maintained throughout all 4 seasons by the owners along the road. Exceptional privacy!! Hydro and High Speed Fibre Optic Internet is already there and this lot boasts giant, old growth hardwood trees. The property continues beyond the granite outcrop to a road behind. There is potential to add some steps on the low side of the hill to have better access to the upper area. With grooming, this part could add an area for recreation, such as snow or ski-shoeing. There is also potential to add a storage structure at the back of the property. A significant amount of LOT-scaping has already been done on the lower part of the property area, including ditches and culverts. Immerse yourself in the serene tranquility of Lake Of Bays!! This nature lovers paradise is also just mere minutes from all amenities. You'll find shopping, dining, and a top-tier golf courses just a short drive away, making this property the ideal secluded waterfront living without lacking creature comforts. This is more than just a piece of land, it's a gateway to the Muskoka lakefront lifestyle. A promising investment in highly coveted Lake Of Bays. Life is better at the lake!!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,472/mo
Mortgage (principal + interest)$3,362
Property taxFrom listing: $1,321/yr$110
Minimum $64,880 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$179,760
Ontario land transfer taxProvincial brackets, no first-time refund$14,451
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$197,011
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lake of Bays has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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