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 truly exceptional 51-acre property in beautiful Phelpston, offering an incredible combination of privacy, natural beauty, waterfront, recreational opportunities & a custom-built home. Set along approximately 7920 feet of Nottawasaga River frontage, this remarkable property is a paradise for nature lovers, fishermen (Rainbow Trout Hole), hikers, gardeners and anyone looking to escape the hustle & bustle while still enjoying a comfortable and thoughtfully designed home. Custom built in 2008, the spacious 3-bedroom, 3-bathroom bungalow features a bright, open-concept layout where the kitchen, dining and living areas flow seamlessly together, creating an ideal space for everyday living and entertaining. Hardwood flooring extends throughout much of the home, adding warmth and character, while numerous walkouts from various rooms provide easy access to the patios, gardens and surrounding property. A welcoming sunroom provides another wonderful space to relax. The unfinished basement offers excellent potential and is ready for the next owner to create additional living space, recreation areas, a home gym, workshop, media room or whatever best suits their needs.The property also features geothermal heating and cooling, providing an efficient and comfortable climate-controlled environment throughout the seasons. Attached to the home is a double-car garage with a heated loft above. Currently used as a bedroom, the loft provides a versatile additional space with its own exterior entrance as well as convenient access from inside the garage, making it ideal for guests, a home office, studio or private retreat.Outside is where this property truly comes alive. The combination of 51 acres, extensive river frontage, a custom-built bungalow, geothermal heating and cooling, multiple walkouts, a heated garage loft and tremendous recreational potential makes this a special property offering space, privacy, waterfront and a lifestyle that is increasingly difficult to find.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$6,450/mo
Mortgage (principal + interest)$5,798
Property taxFrom listing: $7,820/yr$652
Minimum 20% ($309,980 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$309,980
Ontario land transfer taxProvincial brackets, no first-time refund$27,473
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$340,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Springwater 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.
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