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.
Exceptional 108-Acre Rural & Commercial Opportunity At 261 Wingle Rd! A Rare Property Offering An Impressive Combination Of Land, Residential Space, Commercial Infrastructure & Future Potential. The Property Consists Of Approximately 90% Woodlands & Brush And 10% Farmland, Complete With A Large Outdoor Pond & Seasonal Flowing Stream. Zoned RM (Rural Marginal) & HC (Tourism Commercial), Providing Versatility For A Variety Of Potential Uses. A Major Highlight Is The Approx. 12,000 Sq. Ft. Warehouse, Built In 2019 With An Investment Of Over $1 Million & Equipped With Water, Heating, A/C, Ventilation, Lighting & A Dedicated Electrical Transformer With Capacity Up To 600V. Property Features Two Deep Wells, Including Separate Water Supply For The Residence & Warehouse, Plus Propane Heating. The Main Detached Residence Offers Over 3,000 Sq. Ft. With 4 Bedrooms & 3 Bathrooms & Was Previously Operated As An Inn/Guesthouse. A Second House Offers The Potential To Be Converted Into A 2-Bedroom, 1-Bathroom Residence. An Additional Detached Storage Building Of Approx. 600-700 Sq. Ft. Provides Even More Functional Space. Government-Maintained Road Access. An Outstanding Opportunity For Investors, Business Owners, Agricultural Users Or Those Seeking A Unique Live/Work Property With Significant Acreage & Infrastructure.
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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$3,247/mo
Mortgage (principal + interest)$2,802
Property taxFrom listing: $5,344/yr$445
Minimum $49,900 down for this price; the slider moves in whole percent, starting at 7%. 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$149,800
Ontario land transfer taxProvincial brackets, no first-time refund$11,455
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$164,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brudenell, Lyndoch and Raglan 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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