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.
Nestled in the peaceful Ryde community and just steps from beautiful Bass Lake Park, 1657 Housey's Rapids Road is a property bursting with potential. Currently operating as a charming 3 season home, this property offers the opportunity to convert into a year round residence to suit your lifestyle and needs. Set on a nicely sized lot with a drilled well and full septic system already in place, the groundwork is here to create something truly special. There was also an additional part of the building originally that has since been removed, offering an excellent opportunity to potentially rebuild within that footprint whether you envision additional living space, a screened in porch, or a garage and storage area. Inside, you'll find a bright open concept layout featuring 3 well sized bedrooms, an updated bathroom, and laundry already in place for added convenience. Everything is located on one floor, making this home ideal for any stage of life. A large wood stove heats the home beautifully, creating a warm and inviting atmosphere throughout the cooler months. The home is filled with rustic charm, showcasing lovely pine tongue and groove walls and ceilings along with wide plank rustic wood flooring throughout. Just steps away, Bass Lake Park features a beautiful sandy beach on Bass Lake, perfect for picnics, launching your paddle board or kayak, or taking the family for a swim on a warm summer day. Located on a year round municipally maintained road and on the school bus route, this property offers both convenience and accessibility in a quiet rural setting. Whether you're looking for an affordable entry into the Muskoka market, a peaceful weekend retreat, or a property with future development potential, this is an exciting opportunity just a short drive to town amenities.
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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$1,423/mo
Mortgage (principal + interest)$1,306
Property taxFrom listing: $1,406/yr$117
Minimum $17,450 down for this price; the slider moves in whole percent, starting at 5%. 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$69,800
Ontario land transfer taxProvincial brackets, no first-time refund$3,710
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$76,310
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Gravenhurst 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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