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 your own piece of paradise on beautiful Lake Nipissing, where Northern charm, natural beauty and privacy come together in an exceptional waterfront setting. Set on a 1.09-acre estate with 161 feet of waterfrontage, this meticulously maintained property offers a four-season log-style main residence, a three-season guest cottage, a boathouse with lift and upper viewing deck, plus a massive storage garage with high ceilings, electricity and attached carport. The approximately 1,200 sq. ft. main residence offers convenient one-level living with 2 bedrooms and 2 bathrooms, true log design and wonderful waterfront views. A classic, fully applianced kitchen with ample storage opens to the main living and dining areas, while a completely enclosed rear glassed-in sun porch and two walkouts provide even more opportunity to enjoy the surroundings. Step onto the covered porch to BBQ, relax and take in the stunning vista. A separate waterside, self-contained guest cottage features 3 bedrooms, a bathroom and enclosed sun porch and comes fully furnished. A canoe and paddle boat are also included, making it easy to enjoy your own sandy beach and the waters of Lake Nipissing. The level, accessible lot has Crown land next door and features mature gardens, perennials, dill, rhubarb and towering evergreens, creating a private, park-like setting. Additional features include a septic system, waters system, well, newer propane furnace and tankless hot water tank, all in solid condition. Located near groomed snowmobile trails with ice fishing and endless opportunities for boating, kayaking and waterfront recreation, this is where the North meets rustic charm. Fully furnished, turnkey and ready to enjoy-pick up the keys and start making memories! See my website for full details!
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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$3,641/mo
Mortgage (principal + interest)$3,176
Property taxFrom listing: $5,584/yr$465
Minimum $59,900 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$169,800
Ontario land transfer taxProvincial brackets, no first-time refund$13,455
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$186,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Nipissing 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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