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.
Own a remarkable piece of Lanark Highlands history w/ this beautifully restored 1864 original cut white pine log home, set on over 62 acres of stunning countryside. Surrounded by a fenced barnyard, paddock, flower gardens, fruit trees (2 acres on the home side), w/ the balance of land across the road including a large hayfield. Explore your own wooded hillside w/ a winding creek to a private pond while enjoying abundant wildlife, birds & breathtaking natural scenery.This hobby farm has an original standing barn providing 2 standing stalls along w/ 3 other stall areas, the balance is an open walled area used as vegetable gardens protected from the wildlife. There is also a lovely large loafing barn w/ a fenced off area for visiting the animals, storage of hay bales etc. Outdoor enthusiasts will appreciate direct access to endless recreational opportunities, including proximity to Big Joe Lake, Green Lake and the K & P trail for hiking, ATVing, horseback riding, snowmobiling, cycling & more. The property is in proximity to hundreds of acres of crown land providing exceptional privacy & access to nature. Just 24 min from Lanark Village & approx. 35 min to either Perth, Almonte or Calabogie.This hobby farm offers the perfect blend of heritage charm, privacy & outdoor adventure.This 4 bdrm, 2 bath heritage home has been thoughtfully renovated while preserving its character featuring exposed log walls, abundant natural light & a warm inviting atmosphere. The spacious open-concept kitchen, dining & living area is the heart of the home, complete w/ a Pioneer Mail airtight wood cook stove, centre island, S/S appliances & large windows overlooking the surrounding landscape. Main flr laundry & a 2 piece bath provide convenience while 2 separate staircases lead to the 2nd levl where you find 4 bedrms a second full bath. Features include a FA propane furnace, large garage, extensive parking, & land that is ideal for hobby farming, recreation or entertaining.Exceptional property.
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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$3,209/mo
Mortgage (principal + interest)$2,992
Property taxFrom listing: $2,595/yr$216
Minimum $54,990 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$159,980
Ontario land transfer taxProvincial brackets, no first-time refund$12,473
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$175,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lanark Highlands 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.
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