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.
Discover this sprawling, custom-built bungalow offering exceptional flexibility for families, investors, multi-generational living, or those looking to operate a home-based business or shop. The carpet-free main home features 3 bedrooms and 2 full bathrooms, including 1 bedroom and full bath on the main level, plus 2 additional bedrooms, a full bathroom, and a spacious recreation room and laundry room in the finished basement. A separate side entrance leads to a self-contained 1-bedroom loft-style apartment complete with its own kitchen, family room, bathroom, and laundry. Ideal for multi-generational living, guests, or generating supplementary rental income to help offset costs. The oversized attached double garage is a standout feature, complete with office space, and a 2-piece bathroom, offering an excellent setup for a home-based business, shop, hobbies, or additional workspace. Situated on a private, wooded lot with a wraparound driveway, ample parking, a large workshop, and three electrical panels, this unique property offers incredible versatility. Zoning supports a variety of business uses, and the property could potentially be converted to a 3-unit dwelling with relatively low investment. Whether you're looking for a spacious family home, a multi-generational setup, supplementary income, or the perfect place to run your business or shop, this one-of-a-kind property offers endless possibilities.
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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$3,555/mo
Mortgage (principal + interest)$3,179
Property taxFrom listing: $4,503/yr$375
Minimum $59,990 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$169,980
Ontario land transfer taxProvincial brackets, no first-time refund$13,473
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$186,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Orleans - Cumberland and Area 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.
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