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 this beautiful 5-bedroom, 4-bath, four-season Waterfront Home on just over 1 acre offering 165 feet of owned sandy shoreline on sought-after Commanda Lake. Nestled near the end of a quiet cul de sac, this property offers exceptional privacy and the convenience of municipal road access. Currently operating as a successful short-term rental, this property is being offered as a True Turnkey Package - including all furniture, linens, kitchen contents, kayaks, paddle boards, canoes, paddle boat, Hot Tub and more. Simply arrive and enjoy, or continue its established rental operation generating approximately $4,000/week during peak season. Set on a beautifully landscaped lot with family-friendly sandy waterfront, the property also features a 16' x 24' guest bunkie with bathroom (bedroom #5 w/3pc ensuite), expansive decking 36' x 12' plus 27' x 4' - 2nd floor balcony overlooking the lake. Inside, the home offers warm rustic charm throughout with rich wood finishes, hardwood flooring, unique antique furnishings, and inviting gathering spaces including: Spectacular 24' x 21'4" vaulted Great Room with loads of natural light and cozy woodstove creating a true cottage atmosphere. Relax in the separate family room with stunning brick fireplace or enjoy a game of Ping Pong in the Lower-level rec/games room with walkout to the hot tub area. Additional features include drilled well, full septic system, 200 amp service, and numerous updates throughout. Whether you're looking for a family retreat or investment property this exceptional Commanda Lake property delivers the complete package. Turnkey waterfront living with income potential - ready for your next chapter.
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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$3,195/mo
Mortgage (principal + interest)$2,989
Property taxFrom listing: $2,473/yr$206
Minimum $54,900 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$159,800
Ontario land transfer taxProvincial brackets, no first-time refund$12,455
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$175,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Parry Sound Remote Area 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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