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.
Country living on your very own 5 acre property awaits! Welcome to 1012, Highway 552 West, Goulais River! Situated on a large lot with tons of mature trees, this 5 bed, 2 full bath high-rise bungalow offers privacy and peaceful rural living for a growing family just 20 minutes from town. Walk into the main floor and enjoy very spacious living and dining rooms with lots of sunlight, patio doors leading to the back deck and a large kitchen with plenty of cupboard space. 3 beds and 1 full bath up & 2 beds and 1 full bath down with additional workshop or potential rec room in the basement. This solid home is heated with propane forced air (furnace 2024) and has a drilled well and septic system. Also enjoy the convenience of a 36x24 wired garage. As a bonus - included is property across the road with approximately 243 feet on the Goulais Lagoon, which has boat access to the Goulais River! Enjoy boating, fishing and all the outdoor activities you can imagine! Book your private showing today!
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Estimated Rental Income
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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$1,911/mo
Mortgage (principal + interest)$1,795
Property taxFrom listing: $1,394/yr$116
Minimum $23,995 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$95,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,073
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$104,853
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Algoma, Unorganized, North Part 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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