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.
Opportunity Awaits! This 1-bedroom home needs some work, but offers a great opportunity for someone looking for an affordable property with plenty of potential. With some updates and personal touches, this home could be transformed into a comfortable place to call your own. One of the standout features is the insulated and heated garage, complete with a woodstove for comfortable year-round use. The garage also has plumbing installed in the concrete for future in-floor heating, along with a 240V hookup for a welder, making it an excellent space for a hobbyist, tradesperson, or anyone looking for a functional workshop. The home features newer appliances and a practical layout. There is currently no laundry in the home, providing an opportunity for a future owner to determine the best setup for their needs. Outside, enjoy a nice backyard backing onto trees, offering a peaceful setting and plenty of room to enjoy the outdoors. A small storage shed provides additional space for tools, lawn equipment, and seasonal items. With a great garage, useful infrastructure already in place, and a backyard backing onto trees, this property offers plenty of potential for the right buyer willing to put in some work.
Demographic data is not available for this area yet.
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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$514/mo
Mortgage (principal + interest)$374
Property taxFrom listing: $1,679/yr$140
Minimum $4,995 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$19,980
Ontario land transfer taxProvincial brackets, no first-time refund$724
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$23,504
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kirkland Lake 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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