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 25 Thomas St S located in Teeswater, a short commute to the Bruce plant as well as all of the fun and recreation to be had on the shores of Lake Huron. This 3-bedroom bungalow has been tastefully updated and is move-in ready at an affordable price. Enjoy the expansive feel of the beamed cathedral ceiling in the dining and living room area as you step into your front door. The kitchen has updated cabinetry and countertops and features sliding doors to the deck and outdoor space. The home has 3 bedrooms, all of which are carpet free with the primary bedroom offering a 2-pc ensuite. The basement has been partially finished with a large rec room featuring a dry bar, convenient for entertaining. The other half of the basement is unfinished and houses the laundry facilities as well as a workshop area and an amplitude of storage space. The attached garage offers convenience during the winter months with no snow to clear from your vehicle and inside entry to the home. The back deck of the home can be accessed from both the kitchen as well as the attached garage. In addition to the already spacious back deck, there is a poured cement pad, adding a perfect opportunity to add a hot tub or gazebo to this already amazing space. The backyard is partially fenced, has a fire pit as well as the detached shop. The shop measures 20' x 20' and is fully wired with lighting and plugs, a gas line has been run to the shop for those who may want to add a gas furnace, set up perfectly for the hobbyist. Home has economical natural gas heating with central air, roof 2023.
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What’s NearbyDistances approximate
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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$2,115/mo
Mortgage (principal + interest)$1,867
Property taxFrom listing: $2,985/yr$249
Minimum $24,950 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$99,800
Ontario land transfer taxProvincial brackets, no first-time refund$6,455
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$109,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. South Bruce 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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