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.
*** Additional Listing Details - Click Brochure Link *** Rare Mixed-Use Estate | Thousand Islands. An Extensively Restored And Renovated Former School On Approx. 5 Acres, Offering Extraordinary Scale, Character, And Flexibility For Commercial, Live/Work, Or Multi-Generational Use. The Property Features Approx. 12,100 Sq. Ft. Of Interior Floor Area Within An Approx. 13,000 Sq. Ft. Building Footprint, Plus A Separate 3,200 Sq. Ft. Quonset. Approx. 7,000 Sq. Ft. Is Currently Configured As Luxury Residential Living Space. About 2,800 Sq. Ft. Of That Area Is Readily Adaptable To Commercial Use, Allowing The Commercial Component To Increase To Approx. 7,900 Sq. Ft. While Retaining A Substantial Private Residence. CH-17 Highway Commercial Zoning Opens The Door To An Exceptional Range Of Commercial, Live/Work And Mixed-Use Concepts. Imagine A Wedding Venue, Boutique Inn, B&b, Tourist Lodging, Retreat, Wellness Destination, Professional Office Centre, Creative Enterprise, Multi-Generational Residence Or Multiple Suites/Apartments. Large Dramatic Spaces, Extensive Parking And Room To Create Something Truly Distinctive. Midway Between Toronto And Montreal And Approx. 10 Minutes From The 1000 Islands Bridge To The U.S. Additional Possibilities Include Office, Clinic, Retail, Restaurant, Custom Workshop, Commercial Or Private Club, Veterinary Establishment, Storage, And Other Permitted Uses. A Truly Distinctive Property With The Scale And Flexibility To Bring Your Vision To Life. Offered At $2,800,000 Cad. (44268263)
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What’s NearbyDistances approximate
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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$11,029/mo
Mortgage (principal + interest)$10,475
Property taxFrom listing: $6,654/yr$555
Minimum 20% ($560,000 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$560,000
Ontario land transfer taxProvincial brackets, no first-time refund$56,475
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$619,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Leeds and the Thousand Islands 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.
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