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 221 Lacourse Lane. Are you ready to build YOUR DREAM? At only $350,000.00, YOU could own this piece of developed waterfront land in beautiful Lanark Highlands, offering just over 2 acres with waterways leading into White Lake and Darling Round Lake. Approximately 225 ft x irregular, with one side length approx. 819 ft and the other side approx. 574 ft. This private parcel features a cleared building site, hydro on site, and a drilled well already in place, creating an ideal setting for a future waterfront dream home. A detached building plan of approximately 2,600 sq. ft., designed by an architect, was previously approved. Improvements include a levelled grade area toward the water, removal of trees and brush and removal of aquatic vegetation. This property includes an outhouse, storage shed, and 30 ft. (approx.) dock. Gravel access road extends toward the waterfront. Previous septic approval history may offer added long-term potential. Approximately 1 hour from Ottawa. 211 Lacourse Lane, an even larger waterfront parcel, is located right beside this property - imagine the opportunity of owning both side-by-side waterfront lots. Call your Realtor and book a showing today! Potential HST implications may apply to this property. Buyers may wish to obtain independent advice from their accountant and/or lawyer regarding any HST treatment, exemptions, elections, rebates, or deferral provisions that may apply to their specific circumstances. The 2011 Keystone outback RV trailer may be purchased separately for $13,000 and is not included in the sale of 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$1,383/mo
Mortgage (principal + interest)$1,309
Property taxFrom listing: $885/yr$74
Minimum $17,500 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$70,000
Ontario land transfer taxProvincial brackets, no first-time refund$3,725
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$76,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lanark 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.
