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.
Nestled on your own piece of idyllic private paradise on 50 acres of beautiful mixed bush. Located on a year round municipal road and a mere 1 km from beautiful Gorman Lake access. This large 3 or 4 bed home with 3 baths and main floor laundry is a family dream home. Open, bright, functional and inviting from the moment you enter the expansive foyer with vaulted ceilings. The inside of the home is bathed in light from the abundance of windows throughout.The main floor office could well serve as a 4th bedroom, with a beautiful bathroom right beside it.There is a wood burning fireplace in the living room and a wood stove in the den, which makes it extra cozy in the colder weather. The kitchen has many cabinets and a large central work island and just off the kitchen is the breakfast nook, offering a wonderful way to start the day looking out on nature. The small solarium is directly off the dining room and is an ideal spot to sit with a book in the wintertime. Did you say you have big boy toys? No problem! The large 2 storey garage is sure to please. And you are having the in laws move in with you? How about their own detached guest cabin? If you are a snowbird and have a large trailer or truck, there is plenty of room to accommodate you. Your dream property awaits!
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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$3,900/mo
Mortgage (principal + interest)$3,554
Property taxFrom listing: $4,154/yr$346
Minimum $70,000 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$190,000
Ontario land transfer taxProvincial brackets, no first-time refund$15,475
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$208,275
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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