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.
What would you do with 10 acres? Garden, have animals, golf or fly a plane? Anything is possible here! Beautiful flowers and meticulously cared for grounds envelop one's senses and make you feel like you have stepped into a resort! Stone mixed w/ board and batten, 3 + 1 bedroom bungalow. Magical views enhanced by 3 walls of windows in the Great Room. The massive heated garage with in-floor heating served as a hangar at one point and can easily be turned back into it with the electric accordion doors that fold up on the side of the building. The tile drained 2000' runway maybe able to be reactivated if flying is your thing. However if nature is your thing, this property is for you. This is the perfect mix of bush and open fields, flowers that bloom all season and a wonderful waterfall and sitting area to enjoy the total sense of being away from it all! There is space for the entire family as well as for family gatherings. The massive family room with a floor to ceiling brick propane fireplace, wet bar and room for all kinds of games or dancing is the perfect entertainment room. The Kitchen overlooks the back gardens and has a gas cooktop, maple cabinetry, Corian counters & a B-I glass cabinet and is connected to the Breakfast and Living Rm. However when you walk into the Dining/ Great Room area you will be impressed with the views to the outside, the light and sense of space. Downstairs you will find a lovely 3 pc bathroom with a sauna, an extra bedroom and a rec. room w/ a wet bar. The bsmt is massive and has in-law potential and lots of storage. All you have to do is move in and enjoy. All the heavy lifting has been done! For your peace of mind, there is a hard wired Generac generator. There is an extensive irrigation system that does the lawn and flower beds, there are 3 garden sheds for storage. You can hike, snowshoe, 4 wheel, ride a horse, ride a bike and fly a plane from here! Minutes to Orangeville where there are all the amenities you need.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$6,648/mo
Mortgage (principal + interest)$5,982
Property taxFrom listing: $7,992/yr$666
Minimum 20% ($319,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$319,800
Ontario land transfer taxProvincial brackets, no first-time refund$28,455
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$351,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. East Garafraxa 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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