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.
I am excited to share details about a remarkable property on Lake of Islands, offering unparalleled privacy and stunning natural beauty. This custom crafted Lindal red cedar home boasts over 4,300 square feet of finished living space, meticulously designed with a grand open concept living area. A large stone fireplace and masonry heater provide warmth and comfort, while floor-to-ceiling windows offer incredible views of the lake.The formal dining area is perfect for family gatherings, and the custom kitchen features quartz counters and an additional dining space. The home includes a spacious primary suite facing the lake, three more generous bedrooms on the second level, and four bathrooms. The fully finished basement offers additional living space, while amenities such as an automated generator, and cold storage/wine cellar add to the home's appeal. Situated on over 5 acres with 960 feet of shoreline, this property enjoys breathtaking sunsets over the sparsely populated Lake of Islands, part of a two lake system that includes Dickey Lake. Surrounded by tall pines, it offers complete privacy and a serene connection with nature, where the sounds of loons will truly captivate you. This property also comes with a fractional ownership of an additional 100 acres just down the road where you can enjoy a great trail system. The home also comes completely furnished - as viewed. I invite you to experience this exceptional property firsthand.
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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$6,720/mo
Mortgage (principal + interest)$5,982
Property taxFrom listing: $8,862/yr$739
Minimum 20% ($319,800 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$319,800
Ontario land transfer taxProvincial brackets, no first-time refund$28,455
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$351,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Marmora and Lake 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.
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