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.
This executive, custom-built home in desirable South Point has been beautifully maintained and features +2,000 square feet of developed living space, 3+1 bedrooms, 1.5 baths, and situated on over an acre of land. This R-2000 home offers outstanding efficiency, comfort, and quality throughout. The heart of the home is the kitchen, featuring solid oak cabinetry, built-in appliances, and moveable custom island, perfect for both everyday meals and entertaining. The formal dining room looks through the architectural opening to the bright and open living room. Enjoy the outdoors in the south-west facing backyard with composite deck, gazebo, large storage shed, garden boxes and chicken coops, with access from the cozy sitting room. Convenient main floor laundry room and 2pc guest bath complete this level. Upstairs you will find the large primary suite, two additional bedrooms, and large 4pc bath with standup shower, soaker tub and best of all, a laundry shoot down to the main floor laundry. The living spaces flow seamlessly, with floors redone in the last 5 years and plenty of natural light enhanced by newer windows, and custom pull-down blinds in all bedrooms, kitchen, and 2pc bath. Privacy film on exterior windows of the bedrooms at the rear of the home add an extra layer of privacy. The fully finished basement extends your living space with a cozy family room, a 4th bedroom, and a spacious storage/utility room. Car enthusiasts and hobbyists will love the heated and insulated 3-car garage, complete with hot and cold water hookups and three access points to outside, while the paved driveway provides plenty of parking. Never worry about power outages, as this home is wired for a generator. All of this in a highly desirable neighbourhood in country-like setting, just 3 minutes to town or 3 minutes to the golf course. 24 hours irrevocable on all offers.
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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$2,860/mo
Mortgage (principal + interest)$2,488
Property taxFrom listing: $4,465/yr$372
Minimum $41,500 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$133,000
Ontario land transfer taxProvincial brackets, no first-time refund$9,775
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$145,575
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Rideau Lakes 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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