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.
Rare opportunity to own an exceptional waterfront property on beautiful McQuillan Lake in The Archipelago,District of Parry Sound. Offering 4.4 acres of privacy,418 ft of shoreline & abutting Crown land, this off-grid property features an approximate 500 sq ft cabin, level land, gentle access to the waterfront & an incredible natural setting to enjoy cottage country at its finest.With only 4 cottages on the entire lake & most of the shoreline protected as Crown land, you'll enjoy an extraordinary level of privacy in an unspoiled wilderness setting. A bridge to the small island is included in as-is condition. A cleared area provides an excellent location to build a beautiful cottage.The calm waters are ideal for kayaking, canoeing, paddle-boarding, swimming & exceptional fishing. At the north end of the lake, a short portage beside a picturesque waterfall leads into Crane Lake, arriving in Patterson Bay where you'll find popular jumping rocks & easy access to the river into Blackstone Lake, creating endless opportunities to explore miles of scenic waterways.Towering trees,Canadian Shield rock outcroppings & spectacular waterfront views create a remarkable setting. Create your own trails, create lasting memories & enjoy outdoor recreation for all ages including hiking, cross-country skiing, ATVing & snowmobiling.Conveniently located within driving distance of Mactier for groceries, restaurants, fuel & everyday essentials, you'll enjoy the perfect balance of privacy & convenience. A perfect property to create a perfetc story for you and your family,
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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$2,347/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $1,232/yr$103
Minimum $34,990 down for this price; the slider moves in whole percent, starting at 6%. 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$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
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$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. The Archipelago 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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