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 Unique Opportunity On The Shores Of Orr Lake Offering Approximately 1.2 Acres With Approx. 114 Feet Of Direct Waterfront And A Deep, Approximately 150' X 432' Lot. The Property Currently Has An Older 1,110 Sq. Ft. Two-bedroom Bungalow Together With Three Detached Cottages, Providing A Configuration Rarely Found On The Lake. This Is An Established Waterfront Property Offering Considerable Opportunity For A Buyer Looking To Renovate, Restore Or Reimagine A Sizable Lakefront Holding. With Substantial Lot Depth, Generous Waterfront, Two Driveways And Multiple Existing Structures, The Property Offers An Interesting Canvas For Someone Prepared To Undertake Improvements And Explore Its Future Possibilities. Located On A Paved County Road With Direct Access To Orr Lake, The Property Provides The Space, Setting And Waterfront That Are Increasingly Difficult To Find. Currently Zoned RCH - Residential Conversion Zone. Buyers Interested In Redevelopment, Expansion Or Alternative Uses Should Conduct Their Own Due Diligence With The Appropriate Authorities Regarding Permitted Uses And Approvals. An Opportunity Best Suited To A Buyer Who Recognizes The Value Of The Land, Waterfront And Existing Footprint And Has The Vision To Determine What Comes Next.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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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$2,633/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $4,668/yr$389
Minimum $34,989 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$119,978
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$131,251
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.
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.
