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.
Enjoy this 4 Season Home or Cottage Now! Stand on the beautiful exposed granite shoreline, watch the sun slowly drop west across Cheer Lake, and you'll understand why this Lake has been so sought after all these years. 266 Cheer Lake Road offers 130 feet of dramatic rock frontage on a level lot with easy access to the water for young and old alike...no steep scramble. Southwest/west exposure means long afternoon light and genuine sunset views. The immaculate 3-bedroom, 2-bathroom cottage is well optioned, yet remains practical and comfortable, with a water facing master bedroom and living room plus kitchen, and dining/den radiating with the passive glow of the sun on the maple hardwood floors. A separate two-car garage/workshop handles storage and projects. The entire property, including the 2 level bunkie and personal composting bathroom, is professionally wired for generator backup-offering reliable power when you want it. This is the cottage that feels like yours the moment you arrive: kids and guests on the level shore, evening libations on the rock and extra sleeping space for guests and a great piece of mind knowing that all tools and toys are tucked safely away with lots of space to spare. Cheer Lake stays quieter than the big-name Muskoka lakes, with vast Crown land and limited cottages on the lake you'll soon get that Almaguin feeling that so many love. Come and view this incredible low maintenance cottage with newer metal roof, on demand hot water, forced air propane furnace, upgraded appliances and so much more. This cottage has been well loved by the same family for many decades....Private showings available-reach out to schedule a time for 266 Cheer Lake Road. Excellent shape and recently repainted interior.
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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$4,139/mo
Mortgage (principal + interest)$3,737
Property taxFrom listing: $4,817/yr$401
Minimum $74,900 down for this price; the slider moves in whole percent, starting at 8%. 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$199,800
Ontario land transfer taxProvincial brackets, no first-time refund$16,455
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$219,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Strong 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.
