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.
Welcome to this beautifully maintained waterfront retreat on Gooderham Lake, featuring two charming log buildings that capture the ultimate cottage lifestyle. The main 4-season home radiates warmth and charm with its open-concept design, pine ceilings, and a striking stone fireplace. With 2+1 bedrooms and a full bathroom, there's plenty of space for family and guests, while the recreation room walkout provides easy access to the outdoors. Two wood-burning fireplaces add cozy ambiance throughout the home. The separate 3-season log guest cottage offers additional accommodation with 2 bedrooms, 1 bathroom, its own wood-burning fireplace, and a wrap-around deck-perfect for hosting extended family and friends while maintaining privacy. Set on a serene, scenic lot, the property boasts breathtaking views, beautifully maintained gardens, and unforgettable sunsets. The rustic charm of these log cabins, highlighted by a total of 3 wood-burning fireplaces and a firepit for bonfires, delivers a true cottage feel. Outside, enjoy a spacious yard ideal for gatherings, recreation, and relaxing evenings around the fire. Additional highlights include a detached garage, ample storage, winding pathways, and two private docks for easy lake access. Offered fully turnkey with water toys included, this remarkable property is ready for immediate enjoyment. Located close to the area's largest trail system, it offers endless opportunities for year-round activities-from boating and swimming in summer to snowmobiling and winter adventures. Embrace lakeside living at its finest on Gooderham 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$3,565/mo
Mortgage (principal + interest)$3,271
Property taxFrom listing: $3,524/yr$294
Minimum $62,450 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$174,900
Ontario land transfer taxProvincial brackets, no first-time refund$13,965
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$191,665
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Highlands East 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.
