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.
Discover the perfect retreat in this charming, fully renovated 2-bedroom, four-season cottage nestled within a well-maintained co-operative community. Ideally positioned along the shores of South Lake, this cozy getaway offers stunning southern lake views right from your expansive private deck. Enjoy direct access to the water from the convenience of your own backyard, or take a refreshing swim from the hard, sandy shoreline. The private dock provides added convenience for you to access your boat/watercraft with ease! Ownership of the cottage provides year-round enjoyment, with shared amenities that include boat launch, beach area, playground, in-ground pool, and boat slips. The annual maintenance fee conveniently covers taxes, insurance, grounds maintenance, water, sewer, garbage, and road plowing, allowing you to relax and enjoy carefree cottage living. Upgrades include a newer roof, siding, deck, plumbing, wiring, kitchen, flooring, heating/AC, and full spray-foam insulation throughout. An affordable and appealing option for full-time cottage living with excellent rental potential, this lakeside escape is ready for you to move in and unwind. *** Seller may consider fractional ownership (subject to approval). VTB option available. Financing also available through various credit union ***
Demographic data is not available for this area yet.
Population—
Median household income—
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
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$1,602/mo
Mortgage (principal + interest)$1,373
Property taxFrom listing: $2,750/yr$229
Minimum $18,350 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$73,400
Ontario land transfer taxProvincial brackets, no first-time refund$3,980
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$80,180
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Minden Hills 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.
