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.
SETTLERS LANDING| Offered fully furnished, this 6,500 sqft, newly built, Lake Rosseau compound set on 718 ft of shoreline, features 6BDRM, 6.5 BTHs, 4 fireplaces and attached 3 car garage. The shoreline wraps around Cameron Bay creating a rare combination of sand beach, shallow water access and deep water making it ideal for a multitude of activities and ages. Gently sloping grounds and granite walkways create an easy connection between the cottage, waterfront and boathouse with stair-free access throughout. Designed for lakeside living, the cottage opens onto a 14x70 ft. covered porch. Beamed 10ft ceilings and a Muskoka stone, wood burning fireplace anchor the great room. The adjoining dining area opens onto the porch creating an easy flow for indoor/outdoor entertaining. The kitchen includes an oversized island, a separate prep kitchen and walk-in pantry - well suited for both entertaining and family living. A 4 season Muskoka room with fireplace provides another inviting gathering space filled with natural light.The main-floor primary suite offers a private retreat with direct porch access, lake view, propane fireplace and spa-like ensuite with soaker tub and walk-in shower.The upper level features 9ft ceilings, 4 bdrm including 2 ensuites, an additional laundry room. Above the garage and accessed by a separate staircase, an entertainment wing includes a pool table, bar and additional sleeping capacity offering full privacy from the rest of the cottage.Thoughtfully positioned to preserve the views from the cottage, the 2 slip, 2 story BH offers its own waterfront experience. A large outdoor deck with all day sun is complemented by an inside bar/entertainment area. The upper level features 9 ft vaulted ceilings, lounge area and expansive deck - a fully equipped guest retreat.Year round, paved access, ample parking, AC, heated bathroom and tiled floors, backup generator support effortless, four season living.The name Settlers Landing reflects the property's history
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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$57,417/mo
Mortgage (principal + interest)$55,722
Property taxFrom listing: $20,351/yr$1,696
Minimum 20% ($2,979,000 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$2,979,000
Ontario land transfer taxProvincial brackets, no first-time refund$358,850
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$3,340,650
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Seguin 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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