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.
A charming lakeside retreat, 186 Sheldrake Lake Rd. is now available for purchase. This two bedroom, open concept cottage sits privately on 1.13 acres of useable waterfront property surrounded by nature. The interior features wall to wall windows, providing an unobstructed view of Sheldrake Lake. Enjoy your separate eat-in kitchen and the spacious open concept living-dining area with a wood burning fire place for cozy fall evenings. This property currently offers 2 separate bedrooms and 2 bathrooms. Explore the opportunity of expanding and improving this property, there is plenty of room. The exterior is private, filled with mature trees providing privacy and shade. The main feature of this property is the 195 feet of useable waterfront. Sheldrake Lake is clean and excellent for fishing/swimming/water sports. It's a little piece of paradise that could be yours to enjoy today or for years to come or consider the potential for income. (New Septic in 2015, drilled well on the property)
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$2,120/mo
Mortgage (principal + interest)$1,833
Property taxFrom listing: $3,439/yr$287
Minimum $24,500 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$98,000
Ontario land transfer taxProvincial brackets, no first-time refund$6,275
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$107,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Addington Highlands 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.
