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.
Welcome to your dream waterfront retreat on beautiful Salerno Lake. Built in 2023, this exceptional four-season home blends modern luxury with effortless lakeside living. Set on approximately 2.92 acres with an impressive 410 feet of waterfront, this remarkable property offers exceptional privacy and a peaceful setting to enjoy the beauty of the lake. Thoughtfully designed with 4 bedrooms and 3 bathrooms, the open-concept main living space features soaring ceilings, expansive windows, and stunning lake views that fill the home with natural light. The chef-inspired kitchen flows seamlessly into the dining and living areas, creating the perfect space for entertaining or relaxing with family. A cozy propane fireplace anchors the living room, while the inviting sunroom features a wood-burning fireplace, creating the perfect place to enjoy your morning coffee or unwind after a day on the water. Forced-air heating, central air conditioning, and a heated waterline provide year-round comfort and convenience. Step outside to professionally landscaped grounds, spacious decking, and an easy path leading to the waterfront, where you'll enjoy swimming, boating, fishing, and everything Salerno Lake has to offer. A private balcony off one of the bedrooms offers another peaceful place to take in the surrounding scenery, while a dedicated laundry room adds everyday convenience. Whether you're searching for a full-time residence, luxury cottage, or family getaway, this stunning property offers the perfect balance of modern design, comfort, exceptional privacy, and natural beauty. Move in and start enjoying the waterfront lifestyle you've been dreaming of.
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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$7,279/mo
Mortgage (principal + interest)$6,546
Property taxFrom listing: $8,793/yr$733
Minimum 20% ($349,980 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$349,980
Ontario land transfer taxProvincial brackets, no first-time refund$31,473
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$384,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Highlands East 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.
