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.
Waterfront lot on Forest Lake, just outside of South River. The property is 2.2 acres with 175 feet of northern exposure shoreline - sandy bottom with a gradual drop-off, the kind of waterfront that works for swimmers of all ages. A hydro easement runs along the lot line, and the roads are already in - so building could start as soon as you're ready. The lot size and zoning open up the possibility of two homes on the property, or a main home with a guest house for family and friends. However you want to use the space, there's room to do it right. Forest Lake is a quiet, clean lake with great swimming and boating. South River is a short drive for groceries, gas, the hardware store, and everyday errands. North Bay is about 40 minutes in one direction and Huntsville about 40 minutes in the other. The lot next door is also available if you want even more waterfront and privacy. If you've been looking for waterfront land to build on, this is a lot worth seeing in person.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
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$1,606/mo
Mortgage (principal + interest)$1,515
Property taxFrom listing: $1,094/yr$91
Minimum $20,250 down for this price; the slider moves in whole percent, starting at 5%. 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$81,000
Ontario land transfer taxProvincial brackets, no first-time refund$4,575
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$88,375
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Joly 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
