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 a rare commercial opportunity in the heart of cottage and recreational country. Locally known as the "Loggers Station" this established property has long served as a central gathering place and convenient stop for residents, cottagers, snowmobilers and travelers a like. Set on over 1.9 acres along Highway 520 this versatile property offers multiple potential revenue streams with a fully equipped restaurant, retail store, fuel station, take-out window and spacious residential apartment. The restaurant features seating for approximately 60 guests and includes a fully equipped commercial kitchen, bar area, pool table and multiple dart boards creating an inviting space for dining, entertainment and community gatherings. The connected retail area offers shelving, display space, fridges, freezers and direct access to the take-out window-ideal for quick meals, ice cream, snacks and convenience items. Outside two 2,500-litre fuel tanks provide added convenience for customers and visitors. A detached single-car garage is also located on-site. The well-appointed residential apartment offers exceptional flexibility with 3 bedrooms, 2 bathrooms, two separate entrances, forced-air propane heating, central air conditioning, kitchen, living and dining areas and a kitchenette/mudroom. Step outside to enjoy the private back deck complete with a hot tub. Whether used as an owner-occupied residence, staff accommodation or an additional rental opportunity the living quarters add further value to this unique offering. Ideally situated with direct access to the snowmobile trail system and nearby lake communities this property offers a strategic location for a variety of commercial uses. This is a unique opportunity to own a well-known local landmark with the flexibility to live, work and create your own vision in a highly accessible recreational area. Note: HST is in addition to the purchase price.
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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$2,255/mo
Mortgage (principal + interest)$2,054
Property taxFrom listing: $2,418/yr$202
Minimum $29,900 down for this price; the slider moves in whole percent, starting at 6%. 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$109,800
Ontario land transfer taxProvincial brackets, no first-time refund$7,455
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$120,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Whitestone 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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