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.
Set on 1.79 acres along the picturesque shores of Rice Lake, this extraordinary waterfront bungalow offers over 5,000 square feet of elevated living with five bedrooms, four bathrooms, a heated four-car attached garage, and a whole-home Generac generator for added peace of mind. A stunning great room sets the tone with soaring vaulted ceilings, exposed beams, and expansive upper windows that pour natural light into the space. A dramatic wall of windows with walkout captures sweeping lake views, creating a seamless connection between indoors and out. The living area is anchored by a striking fireplace with built-in cabinetry, adding both warmth and architectural interest. Designed for gathering, the open dining area flows effortlessly into a beautifully appointed kitchen featuring extra-high cabinetry, sleek matching countertops and backsplash, stainless steel appliances, and a large island with breakfast bar and statement lighting. A separate coffee bar with open shelving adds a stylish touch. Just beyond, a finished laundry room, guest bathroom, and mudroom with a dog wash station offer everyday function. The main level primary suite is a true retreat, with unobstructed lake views and a private walkout to the deck, perfect for quiet mornings by the water. The spa-inspired ensuite showcases heated floors, a double vanity, soaker tub, glass shower, and a private water closet. Two additional bedrooms and a full bathroom complete the level. The lower level continues to impress with in-floor heating throughout, a sprawling recreation and games room with a wall of windows overlooking the lake, multiple walkouts, a wet bar, theatre room, two bright bedrooms, and a full bathroom, ideal for guests or extended family. Outdoors, thoughtfully designed spaces invite you to relax and entertain with an upper deck offering both covered and open seating, a lower covered patio, tiered gardens, and lush landscaping, all set against the backdrop of tranquil waterfront living.
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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$8,228/mo
Mortgage (principal + interest)$7,407
Property taxFrom listing: $9,854/yr$821
Minimum 20% ($396,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$396,000
Ontario land transfer taxProvincial brackets, no first-time refund$36,075
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$434,875
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Alnwick/Haldimand 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.
