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.
Less then two hours drive from the GTA enter this charm filled three bedroom hideaway with gorgeous long, island dotted views of Lake Muskoka. Halfway between Bala and Port Carling you find a sweet little cottage set alongside a majestic shoreline that beckons you for a quick dip in the lake or an afternoon boat ride chasing the sun. A generous deck provides ample space to relax and enjoy sunrises and nature at it's finest. An additional 2.236 acres across the road allows extra parking, room for garage and possible additional future living space expansion with some applications already in process. An open concept living area with cozy wood fire, updated bathroom, level lot, plenty of parking, waterside cottage placement and canopied and airy space are just a few of this cottage's features you wont want to miss. This central location gives quick road or boat access to neighbouring Port Carling and Bala providing fun filled days with lots of explorative adventures to follow. Close by you will find revered golf courses, coveted restaurants and so many action packed activities such as water ski shows, Steamship tours, kayaking, and waterskiing, Not to mention all the winter activities that can be enjoyed with a winterized cottage such as downhill skiing less than an hour and snow shoeing at Johnstons Cranberry Marsh followed by a smash of mulled cider around an open fire. So many options that are yours waiting to discover.
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Age Groups
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Owners vs Renters
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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$6,571/mo
Mortgage (principal + interest)$6,173
Property taxFrom listing: $4,778/yr$398
Minimum 20% ($330,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$330,000
Ontario land transfer taxProvincial brackets, no first-time refund$29,475
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$362,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Muskoka Lakes 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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