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 charming waterfront cottage is a fantastic place to spend the summer. Exceptionally convenient and easy to access, located just outside Madoc on Moria Lake, known for excellent fishing of large and small mouth bass, muskie and more! Priced to sell, reasonable offers will be considered.Enjoy sitting on your front deck with the stunning view and watch the sun come up or spend the evenings in the living area by the cozy fireplace. The walls and ceiling in the living room are all tongue and groove pine, which gives it an authentic cottage vibe. The Bunkie could be converted into extra living and sleeping area for the kids. The newly installed dock is the spot to be for fishing Bass which this lake is well know for, and the calm water is an excellent place for canoe, kayak and paddle board enthusiast. Or take out the fishing boat (included) to explore beyond the shore. Boat launch only 2 mins away for incredibly easy launch/removal.Bonus- there are great amenities close by such as antique shops, hiking trails, skate park and wineries/breweries. Don't miss out on this chance to have vacation place to get away or an investment opportunity (or both).
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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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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$1,475/mo
Mortgage (principal + interest)$1,197
Property taxFrom listing: $3,339/yr$278
Minimum $16,000 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$64,000
Ontario land transfer taxProvincial brackets, no first-time refund$3,275
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$70,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Centre Hastings 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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