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.
Over $70k gross income! The property NOT ONLY pay all your mortgage and expenses BUT ALSO MAKE GOOD MONEY FOR YOU! Buy one property and own 4 detached houses! Endless potential either stay in the main house (2br1full wash with amazing lakeview) and run the Parkview Resort for rest 3 cabins to cover all your mortgage, expenses and make a profit on it! Or take it as a turnkey investment opportunity generate 6.7% CAP income. Sitting at the conner across the Kennedy Bay Park with deeded access to Sturgeon Lake. Un-Obstacle lakeview! the property features beach and dock access, boating, fishing, swimming, and stunning sunset views. Currently operating as a profitable seasonal vacation rental from May-October and mid-term accommodation during the off-season, this property combines lifestyle and income potential. The resort includes a main cottage plus three additional cabins. With a proven rental history, flexible multi-unit layout, and strong seasonal income potential, Parkview Resort is ideal for investors, vacation rental operators, or families seeking a lakeside retreat in the Kawartha Lakes. VTB may be considered for qualified buyers
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What’s NearbyDistances approximate
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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$3,200/mo
Mortgage (principal + interest)$2,985
Property taxFrom listing: $2,575/yr$215
Minimum $54,800 down for this price; the slider moves in whole percent, starting at 7%. 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$159,600
Ontario land transfer taxProvincial brackets, no first-time refund$12,435
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$174,835
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kawartha Lakes 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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