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.
Welcome to Otty Lake. Your waterfront escape on one of Eastern Ontario's most sought-after lakes. Set on a beautifully treed 1.25-acre lot with excellent year-round access, this property offers the perfect balance of privacy, recreation, and convenience, all just a short 5-minute drive from the historic town of Perth. Featuring 5 bedrooms, including 3 on the main level, 2 beautifully renovated full bathrooms, and over 2100 sqft of complete living space, there's plenty of space for family and guests. Expansive lakeside windows on the main floor fill the home with natural light and capture stunning waterfront views, while the walkout lower level offers patio doors and additional lake-facing windows, creating a seamless connection to the outdoors. Over the past five years, the home has seen numerous upgrades, including ductless heat pumps on each level, updated electric baseboards, renovated bathrooms, new flooring, UV light, decking, and much more, making it move-in ready. Outside, enjoy a level waterfront with a natural shoreline that includes a sand and rock bottom, ideal for swimming and boating, along with a beautiful L-shaped aluminum dock ready for endless days on the water. The spacious, level green space at the rear of the property provides excellent potential for a future garage, workshop, or home addition. Whether you're searching for a year-round residence or the ultimate waterfront getaway, this is a rare opportunity to own on one of the region's premier lakes.
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$3,498/mo
Mortgage (principal + interest)$3,179
Property taxFrom listing: $3,821/yr$318
Minimum $59,990 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$169,980
Ontario land transfer taxProvincial brackets, no first-time refund$13,473
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$186,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Drummond/North Elmsley 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.
