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.
Room to Grow, Space to Breathe - All Just Minutes from Town! Set on nearly 20 acres and located just 5 minutes from South River, this charming bungalow offers the perfect balance of privacy, nature, and convenience. Recent updates include freshly painted main floor living room walls and fireplace, along with freshly painted basement concrete floors-adding a clean, refreshed feel to the lower level, and enhancing the home's overall appeal. Inquire for further upgrades list. A tree-lined driveway welcomes you in, with ample parking and a garage featuring backyard access-ideal for storing bikes, sleds, or outdoor equipment. Inside, a bright foyer opens to a beautifully renovated eat-in kitchen with a large island and family-friendly dining area, with views of the pond and access to the wrap-around deck. The open-concept main floor also features a cozy living room, laundry area, a 4-piece bath, and a spacious primary bedroom, while a second bedroom just off the coffee bar area is perfect for children or guests. The walk-out lower level offers excellent additional living space, including a rec room with a wood fireplace, two bedrooms, and freshly refreshed basement floors, along with a fully finished second bathroom-ideal for growing families or hosting visitors. Step outside to your private pond with dock, perfect for summer swimming and winter skating, along with a small barn, a separate workshop/outbuilding, and frontage along Black Creek, a known trout habitat. Located just 10 minutes from Mikisew Provincial Park and within easy reach of local amenities including groceries, restaurants, pharmacy, and the LCBO, this property offers a rare combination of rural lifestyle and everyday convenience.
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What’s NearbyDistances approximate
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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$2,469/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $2,703/yr$225
Minimum $34,990 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$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
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$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Machar 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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