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.
Very desirable property on unpopulated Dotty Lake, giving you a true sense of Algonquin with loads of privacy and mature trees. The 310 feet of waterfront is level, fully treed and only 6 ft above the water. Most of the shoreline offers a natural golden sand bottom and small beach. The setting is super private while you enjoy year round sunsets and there is roughly 500 ft of Crown waterfront beside you and at the back of the property as well. Super location being within 25 min to Huntsville, Paved road is only 900 feet away and 4-5 bar cell reception. There is an original habitable cabin (16x20') built in the 1950's which can offer shelter and a future footprint for your future build!! There are 5 other cottages on this private road ending at this property. The hydro lines are on crown land and close to the back property line. This is the first time since this property was purchased from the crown in 1952 that it has come up for sale. Don't miss this opportunity to become the 2nd owner of this very desirable Algonquin setting with Crown land, lakes, and trails all around you.
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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$2,597/mo
Mortgage (principal + interest)$2,431
Property taxFrom listing: $1,992/yr$166
Minimum $39,990 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$129,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,473
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$142,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lake of Bays 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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