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.
Tucked near the shores of Lake Ontario in the hamlet of Lakeport, 1063 County Road 31 is an excellent opportunity for those looking to get into the market or find a hidden gem with old farmhouse charm. This 3-bed, 2-bath home is spacious with large main floor principal rooms and is ready for your creative vision and finishing touches. The light-filled kitchen features a large island for casual dining, meals on the go or conversation with friends. The dining room with rustic hardwood flooring is perfect for entertaining large groups and connects to the large living room that has lots of flexible space to suit your needs. Completing the main floor is a large bathroom that also features the laundry area. Upstairs is a large primary bedroom with double closets, 2 other good-sized bedrooms and a tastefully finished 4-piecebath. The exterior features a metal roof and vinyl siding with a large, private lot that backs onto a ravine and has plenty of level green-space to enjoy. You'll have some peace of mind knowing that many high-cost items have been updated recently including the furnace, septic, electrical panel as well as many windows and doors.
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What’s NearbyDistances approximate
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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$1,757/mo
Mortgage (principal + interest)$1,590
Property taxFrom listing: $2,006/yr$167
Minimum $21,250 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$85,000
Ontario land transfer taxProvincial brackets, no first-time refund$4,975
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$92,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Alnwick/Haldimand 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.
