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.
Unlock the ultimate smart ownership opportunity with this incredible income generating property. Live comfortably in one unit while collecting rent from the other to offset your mortgage, making this an ideal choice for first time home buyers and savvy investors alike. Situated on a large lot surrounded by mature trees, the expansive outdoor space offers a private sanctuary that is wonderful for children and pets to play. The upper unit is currently tenanted, providing immediate rental income from day one. Step inside the main level to discover a well appointed kitchen designed for effortless meal preparation, alongside a bright dining room featuring sliding patio doors that open directly onto a rear deck overlooking the yard. Head up just a few steps to find three good sized bedrooms and a full bathroom, offering a functional and comfortable layout. The lower level is completely vacant and ready for immediate occupancy or a fresh tenant of your choice. It features a completely private entrance, an inviting eat in kitchen, two versatile rooms, a full bathroom, and convenient access to the shared laundry room. Property perks continue outside with a fantastic detached garage complete with a loft area. This bonus space is a blank canvas awaiting your personal inspiration, whether you envision a home office, a creative studio, or extra storage. New septic system and propane furnace in 2024, new well in 2021. Positioned in an outdoor enthusiast's paradise, this location puts you moments away from everything the Calabogie area has to offer. Spend your winters skiing down the slopes at Calabogie Peaks or snowmobiling through local trails, and your summers golfing at nearby courses, boating, swimming, hunting, and fishing on local waterways. For adrenaline seekers, the Calabogie Motorsports Park is just minutes away, alongside endless crown land and four season recreation trails for hiking, ATVing, and exploring.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
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$1,702/mo
Mortgage (principal + interest)$1,530
Property taxFrom listing: $2,064/yr$172
Minimum $20,450 down for this price; the slider moves in whole percent, starting at 5%. 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$81,800
Ontario land transfer taxProvincial brackets, no first-time refund$4,655
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$89,255
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Greater Madawaska 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.
