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.
This property is being offered now under "POWER OF SALE"' -Must sell-. Exceptional offering. 10 acres of wooded land, consist of 2 separate parcels with 2 brand new cottages/ homes. Perfect set up for larger family or friends purchasing together. Subject property backs onto 1500 acres of Crown land, with miles of snowmobile/ ATV trails. Small private lake close to the back of the property on Crown land with trail to it. As well the property is in close proximity to 3 nearby lakes. Both structures are almost brand new and finished with great quality throughout. The smaller guest cottage consist of 2 bedrooms and a loft. Fully insulated ready for winter use (other than running water) Just over 1000 sq ft of living space. The main house is open year round . It has a very generous floorspace of 1570 sq ft. This home finished luxuriously throughout. 2 fireplaces, 2 bathrooms, laundry. This property is "off grid" but its equipped with a high output diesel generator that runs both cottages flawlessly. Both building equipped with heat pumps for heating/ air conditioning. Guest cottage is equipped with a wood burning stove. Main cottage with 2 propane fireplaces. This is a stunning and a unique offering.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
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$2,478/mo
Mortgage (principal + interest)$2,241
Property taxFrom listing: $2,845/yr$237
Minimum $34,900 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$119,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,455
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$131,055
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.
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.
