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.
Your own private waterfront retreat on beautiful Gaffney Lake! A peaceful no-motor lake just 10 minutes from town. Custom built and lovingly maintained by the original owners, this year-round home offers the perfect blend of comfort, privacy, and natural beauty. Featuring 2 bedrooms, 1 full bathroom, and a fully finished walkout basement, the home is designed to maximize both space and stunning lake views. The bright open-concept layout is ideal for entertaining, while the updated kitchen and modern appliances make everyday living a pleasure. Main floor laundry adds convenience, and year-round comfort is ensured with a propane furnace, central air conditioning, drilled well, septic system, and durable metal roof. Step outside to the expansive wraparound covered balcony and take in the tranquil waterfront setting. Watch bass spawn along the shoreline in the spring, enjoy a refreshing swim from the floating raft, or simply relax and listen to the sounds of nature. The beautifully landscaped property is surrounded by established perennial gardens, creating a private and picturesque setting that feels miles away from it all. Located on a quiet private road, this exceptional waterfront property offers the peaceful lifestyle you've been dreaming of, whether as a full-time residence or a weekend escape. Family-friendly, serene, and surrounded by nature, Gaffney Lake is a hidden gem waiting to be discovered.
Property Details
Listing
MLS® number
X13223650
Status
For Sale
Listed
Jun 1, 2026
Last updated
Aug 25, 2026
Possession
Flexible
Building
Type
Detached
Style
Bungalow-Raised
Approx. age
31-50
Approx. size
700–1,100 ft²
Basement
Finished with Walk-Out
Lot
Frontage
31.00 ft
Depth
311.00 ft
Lot area
≈ 9,641 ft² (calculated)
View
South
Community
Dungannon Ward
Parking & utilities
Garage
None, 0 spaces
Driveway
Private, 5 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$4,367 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
Century 21 Granite Realty Group Inc.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 2
Kitchens: 1 above grade
Basement: Finished with Walk-Out
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Fireplaces: 1
Exterior
Waterfront: Yes
Waterfront features: Direct
Pool features: None
Property features: Lake Access, Lake/Pond, Waterfront, Wooded/Treed
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
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$2,739/mo
Mortgage (principal + interest)$2,376
Property taxFrom listing: $4,367/yr$364
Minimum $38,500 down for this price; the slider moves in whole percent, starting at 7%. 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$127,000
Ontario land transfer taxProvincial brackets, no first-time refund$9,175
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$138,975
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bancroft 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.
