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.
Set on a generous 0.4-acre corner lot in a family-friendly neighbourhood just 7 minutes from Smiths Falls, 3 Forest Drive is a spacious 3-bedroom brick bungalow offering approximately 1,860 sq. ft. of above-grade living space. Inside, the layout offers plenty of room to spread out, with two separate main-floor living areas that easily accommodate everyday family life, entertaining, a playroom or a quieter place to relax. One is made especially inviting by a cozy natural gas fireplace. The centrally located kitchen connects easily to the surrounding living spaces, with a versatile area nearby currently used as an office that could also work well as a homework station, drop zone or additional household space. Three bedrooms and two full bathrooms complete the main level, including one bathroom with cheater access that could be reconfigured to create a private ensuite. Downstairs, the partially finished basement adds even more usable space with a den, a second natural gas fireplace, a full bathroom, plenty of storage and additional unfinished space ready for future plans. Outside, the 0.4-acre corner lot provides plenty of room to enjoy and make your own, along with a detached shed and an attached double garage with convenient inside entry. Important updates include the furnace and central air conditioning in 2020, shingles in 2019, deck in 2020 and paved driveway in 2023. With nearly 1,900 sq. ft. on the main level, flexible living spaces, three full bathrooms, practical updates and room to add your own finishing touches, 3 Forest Drive offers plenty of space both inside and out!
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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$2,473/mo
Mortgage (principal + interest)$2,203
Property taxFrom listing: $3,237/yr$270
Minimum $33,900 down for this price; the slider moves in whole percent, starting at 6%. 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$117,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,255
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$128,855
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Rideau Lakes 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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