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.
19 acres with over 1500 feet of water frontage on the south shore of Indian Lake. This well appointed, 2+1 bedroom bungalow is only 30 minutes north of Kingston and was built in 2008 with an ICF foundation. Carpet free and in move-in condition this home has a mixture of hardwood and ceramic floors, with the added bonus of heated ceramic flooring by the patio door in the rec room. The main floor consists of open living space, two bedrooms, primary ensuite, powder room and laundry. The lower level is home to recreation room, third bedroom and a utility/storage room. The pellet stove was recently inspected and there is an electric fireplace in the lower level bedroom. Outside is a newer deck, a short staircase and gentle slope to the waterfront. Water at the dock is clear, weed free and ideal for swimming. From the dock there isn't another home or cottage in sight! There is a double garage on the property, an outbuilding that could easily become a bunkie and two other sheds, one near the water, ideal for your waterfront toys. This is a fabulous waterfront home backing onto the Cataraqui Trail with easy access to amenities in Inverary and just a stone's throw from Frontenac Provincial Park, although on such a quiet and pristine lake, you may not need to leave home!
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What’s NearbyDistances approximate
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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$3,511/mo
Mortgage (principal + interest)$3,180
Property taxFrom listing: $3,973/yr$331
Minimum $60,000 down for this price; the slider moves in whole percent, starting at 8%. 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$170,000
Ontario land transfer taxProvincial brackets, no first-time refund$13,475
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$186,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Frontenac 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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