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.
Turn-key! Rare opportunity on beautiful Kapikog Lake, where drive-to waterfront properties are seldom available for sale.Owned & lovingly cared for by the same family for 39 years,this charming 3-bedroom,1-bath cottage is perfectly positioned on solid Canadian Shield,built right into the landscape at the water's edge.Expansive picture windows fill the living room w/stunning lake views w/ plenty of natural light.Vaulted ceilings,custom kitchen features galvanized steel countertops, the primary bedroom includes a clawfoot tub.A screened-in living area lets you relax while listening to nature,& the large waterside deck offers both sun & shade throughout the day. Extra space for guests w/ bunkie & trailer (optional).Enjoy owned shoreline allowance, deep water docking approximately 10 ft at the end of the dock, built on rock cribs & large enough to accommodate 3 boats A floating swim raft completes the waterfront. Kapikog Lake is a full-service lake ideal for fishing, boating,paddling, skiing, tubing & swimming. You'll enjoy peaceful boating w/no large high-powered boats. Families will love the children's playhouse.A large detached garage & covered side storage provide plenty of room for boats,ATVs, snowmobiles & cottage equipment.The level parking area accommodates 5-6 vehicles. Recent updates include underground hydro,100-amp breaker panel, garage, newer asphalt shingles, metal roof over the sunroom,new owned hot water tank & electric baseboard heating.Turn-key & ready to enjoy, this offering includes almost all furnishings, a 14-ft aluminum boat w/9.9 Johnson motor, a 15-ft runabout w/55 hp Johnson motor & a 12-ft kayak. Surrounded by Crown land.Located minutes to Mactier for groceries,restaurants & the market,w/easy access to Hwy 400 & Parry Sound offering a hospital,shopping,events, community centre, marina & more.Just pack your bags & start enjoying everything cottage life has to offer this summer.Click the media arrow below for more info!
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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$2,761/mo
Mortgage (principal + interest)$2,618
Property taxFrom listing: $1,712/yr$143
Minimum $44,990 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$139,980
Ontario land transfer taxProvincial brackets, no first-time refund$10,473
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$153,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. The Archipelago 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.
