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 rare opportunity to own within Longford Reserve, one of Ontario's largest privately held wilderness properties, centred on conservation, stewardship and wilderness recreation. Spanning approximately 42,000 acres, with 17 larger lakes and numerous smaller waterways, Longford is home to just 12 private cottages on Browns, Andrew and Boot Lakes. Its shareholders share a longstanding commitment to protecting the natural character and ecological integrity of this extraordinary landscape. This charming, fully winterized 1,720 sq. ft., two-bedroom boathouse cottage has been extensively updated and renovated, offering comfortable four-season living. One of only a few of the 12 cottages with year-round road access, it offers exceptional convenience within this remote wilderness setting. Cottage owners on these lakes also have access to a year-round caretaker for specific services. The cottage structure is privately owned, while the land is collectively owned by the Longford Reserve shareholders. One qualifying Reserve share transfers with the sale, subject to Longford's approval process and applicable initiation fee, providing the new owner with access to this remarkable private wilderness. For members, Longford offers exceptional fishing for several native Ontario species, with the Reserve actively managing its fisheries in concert with provincial authorities. An extensive trail network leads to many lakes throughout the Reserve and to remote seasonal fishing cabins used for short stays during spring, summer and fall. With its vast wilderness, pristine lakes, remarkably limited number of cottages and shared commitment to preservation, ownership at Longford is an extraordinary opportunity to become part of a living piece of Ontario history spanning more than 100 years.
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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$5,086/mo
Mortgage (principal + interest)$4,845
Property taxFrom listing: $2,900/yr$242
Minimum $104,500 down for this price; the slider moves in whole percent, starting at 9%. 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$259,000
Ontario land transfer taxProvincial brackets, no first-time refund$22,375
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$284,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kawartha Lakes 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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