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.
Imagine having the opportunity to immerse yourself in the rich history of an impeccably maintained and restored 1889 Limestone Schoolhouse in a quaint town outside of St.Marys. Surrounded by mature trees and hardly visible from the road is the former Rannoch Schoolhouse that helped educate hundreds of local children within its walls from 1889-1967. As you make your way inside you will be greeted with a large foyer with a wide staircase carrying you to the open concept main floor with bamboo flooring and soaring 20ft ceilings that have maintained the original rafter accents. The renovated kitchen offers granite countertops, tiled backsplash, and a pantry just outside of the kitchen. The Kitchen overlooks the dining and living space and is perfect for entertaining and enjoying home cooked meals with family and friends. The main floor also features the primary bedroom with a walk in closet and luxurious primary ensuite bathroom and a separate powder room off the main living space. The beautiful maple hardwood staircase with glass railings brings you to two more spacious bedrooms in the upstairs loft with 10ft high ceilings and a full 3 piece bathroom separating the two bedrooms. The gorgeous 8FT tempered glass windows have deep marble window sills and offer an abundance of natural light through all directions, you can even watch the sun rise and set all from inside your home. This is not your usual conversion of a heritage rich property, where often they lack sufficient usable space required for the modern day single family dwelling. This home has the character and beautiful architecture of a 1889 schoolhouse with tasteful modern day finishes that exemplify its beauty. There is also a large full basement with plenty of natural light pouring through the large above grade windows, a fourth bedroom, living space and laundry room. Outside there is an oversized 2 car garage (24FT X 26.5FT) built in 2008 with an upstairs loft for the perfect man cave, and 100amp service!
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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.
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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$4,775/mo
Mortgage (principal + interest)$4,448
Property taxFrom listing: $3,924/yr$327
Minimum $93,900 down for this price; the slider moves in whole percent, starting at 8%. 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$237,800
Ontario land transfer taxProvincial brackets, no first-time refund$20,255
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$260,855
First-time buyers can get up to $4,000 back on Ontario land transfer tax. St. Marys 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.
