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 Approx. 100-Acre Freehold Property With Established Salvage Operation & Multiple Zoning Opportunities. Opportunity to acquire approx 100 acres in Otonabee-South Monaghan Township, Peterborough County. Approx 90 acres of mature cedar and mixed hardwood bush, natural lands and watercourse, with RU, MD, RR and EP zoning. Established salvage/recycling operation with legal non-conforming status recognized by the Township. Existing structures include a renovated detached home with well, septic, and 400 amp & 220 volt hydro; approx 2,500 sq. ft. autobody workshop; and salvage yard with 80ft commercial weigh scale and hydraulic compressor. 7.5 acres of MD zoned land may offer potential for waste disposal, recycling or related industrial use. About 1.5 acres of RR zoned land. A unique blend of established commercial use, substantial acreage, natural surroundings, existing infrastructure and future upside. Paved municipal road frontage. About 20 mins drive to Peterborough and 1.5 hrs to the GTA. Sold As-Is, Where-Is.
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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$7,790/mo
Mortgage (principal + interest)$7,478
Property taxFrom listing: $3,741/yr$312
Minimum 20% ($399,800 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$399,800
Ontario land transfer taxProvincial brackets, no first-time refund$36,455
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$439,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Otonabee-South Monaghan 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.
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