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.
DO NOT miss the HST rebate opportunity . Country dream new stone home on 50 acres of land, with approximately 8 acres of workable land. 20 minutes to Sandbanks Provincial Park, 13 minutes to downtown Picton, 7 minutes to Black River. Enjoy the taste of the Wine Country with beautiful natural beaches and trails around. This 2,278 SF bungalow has 3 large bedrooms. Open concept living room and modern kitchen with a 4 ft x 8 ft quartz countertop and a central island. The cathedral ceiling creates a huge living room space, overlooking a private view through a large living room window and an 8-foot patio door. Modern 52'' Propane fireplace with natural stone around. Whole house with in-floor heating, every room has climate control separately. Large primary bedroom; enjoy the country view through an 8-foot-high patio door as well. 5 pc In-suite master bathroom with freestanding Jacuzzi bathtub. 5pc second bathroom with double vanity and quartz countertop. Cathedral ceiling makes 1075 SF 3-car garage an endless workspace. Enjoying the warm In-floor heating garage, insulated to the same R value as the house, and with 4 modern contemporary doors. Traditional Mahogany stone and quoins match modern metallic copper color eavestrough and soffit. General link transfer switch & EV charger installed.You must have a look! All appliances included.
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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$5,078/mo
Mortgage (principal + interest)$4,826
Property taxFrom listing: $3,025/yr$252
Minimum $104,000 down for this price; the slider moves in whole percent, starting at 9%. 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$258,000
Ontario land transfer taxProvincial brackets, no first-time refund$22,275
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$283,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Prince Edward County 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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