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.
FREEHOLD 55-ACRE FAMILY COMPOUND & HOMESTEAD - THANET LAKE WATERFRONT with 500+ ft of water frontage. 55 acres of privacy. Two hours from the GTA. This is a rare, fully operational rural property offering multi-generational living, self-sufficient infrastructure, and exceptional recreational access - all in one established package. PRIMARY HOME: Fully winterized 3-bedroom open-concept residence. 3 sources of heating with Propane+Wood stove + Electric Mini-split. Updated kitchen and bath. High-speed Starlink internet. 200-ft drilled well with UV treatment. Full septic. SECOND DWELLING: Independent 2-bedroom mobile home with its own hydro meter and private road access which is not in use and a great value add with renovations/replacement required for future income or multi gen/ potential. ADDITIONAL STRUCTURES: 28-ft trailer with 3-piece bath. Large Quonset workshop/garage. Wood storage barn with substantial firewood supply. Greenhouse. Garden beds. Small storage sheds. LAND & WATER: Semi-private canoe/kayak launch to Thanet Lake. Maple forest with full syrup-production equipment included. Four separate lot access points. Triple-wide gravel driveway.SEVERANCE POTENTIAL: Municipality has indicated willingness to consider severance application - buyer to submit drawings and fees. Year-round municipal road access and year round living. BMO offers standard mortgages for Freehold Mobile Homes - this is NOT ON leased land.
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Age Groups
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Owners vs Renters
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Household Type
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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$1,983/mo
Mortgage (principal + interest)$1,870
Property taxFrom listing: $1,361/yr$113
Minimum $24,995 down for this price; the slider moves in whole percent, starting at 6%. 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$99,978
Ontario land transfer taxProvincial brackets, no first-time refund$6,473
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$109,251
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Wollaston 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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