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.
Opportunities like this on beautiful Mink Lake are few and far between. Set on an impressive 1.1-acre lot with 220 feet of pristine waterfront, this exceptional property offers outstanding privacy, breathtaking sunsets, and plenty of room for family and friends to enjoy. The shoreline is everything you've been looking for, featuring a hard-bottom, gradual entry that's perfect for swimming, wading, and enjoying the crystal-clear waters that Mink Lake is known for. Spend your days boating, fishing, or simply relaxing by the water before taking in spectacular sunset views each evening. The charming three-bedroom cottage is being offered fully furnished, allowing you to move right in and start making memories this summer. A welcoming 4' x 20' side deck leads inside to an open-concept kitchen, dining, and living area filled with natural light from an abundance of windows framing picturesque lake views. Just off the living room, a cozy screened-in porch provides the perfect place to enjoy your morning coffee or unwind in the evening while listening to the sounds of nature-without the bugs. Three comfortable bedrooms and a full three-piece bathroom provide plenty of space for family and guests. A 16' x 22' storage shed offers ample room for all your waterfront gear, while the included 20-foot dock and boat lift mean you'll be ready to enjoy the lake from day one. Recent 2024 updates include a new metal roof, new water pump, new side deck, and freshly painted exterior, providing added peace of mind. Conveniently located just 15 minutes to Eganville and Cobden, and only 25 minutes to Renfrew, you'll enjoy the perfect balance of peaceful waterfront living and easy access to amenities. Whether you're looking for a family retreat or a place to escape and unwind, this rare Mink Lake property is ready for its next chapter. Minimum 48-hour irrevocable on all offers.
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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$2,115/mo
Mortgage (principal + interest)$1,867
Property taxFrom listing: $2,981/yr$248
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. North Algona Wilberforce 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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