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.
Escape to the peace and beauty of Cormac with this one-of-a-kind rustic log home set on 8 picturesque acres. Featuring 5 bedrooms and 1.5 bathrooms, this property is a homesteader's dream, offering the perfect blend of country charm and practical living. The authentic log home is warm and welcoming, complete with an attached greenhouse for year-round growing. Outside, you'll find log barns , making it easy to house livestock, start a hobby farm, or expand your homesteading vision. A picturesque, year-round creek, with trout occasionally making their way through its waters, gently meanders through the property, while established gardens and mature trees create a peaceful and serene setting. A Generac generator is already in place for peace of mind, many upgrades have been completed- spray foam around the stone foundation, newer windows, newer furnace and roof. Whether you're looking to become more self-sufficient, raise animals, or simply enjoy a quieter way of life, this exceptional property offers endless possibilities in the heart of Cormac. Experience the privacy, beauty, and rural lifestyle you've been dreaming of. Property is being sold in "as is where is condition". Minimum 48 offer irrevocable on all offers.
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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$2,307/mo
Mortgage (principal + interest)$2,129
Property taxFrom listing: $2,140/yr$178
Minimum $31,900 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$113,800
Ontario land transfer taxProvincial brackets, no first-time refund$7,855
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$124,455
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bonnechere Valley 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
