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.
Beautiful waterfront lot on Beatty Creek which gives small craft (14ft aluminium boat) access to Lake Nipissing via the South River, at one end of the river (about 15 min by boat) is a picturesque waterfalls with great fishing, and heading the other way on the river leads into Lake Nipissing, also about 15 min by boat.Lots of Maple trees, Birch, and raspberries on the property, along with wild leeks and ferns towards the creek. The terrain has flat buildable land along the road area and slopes towards the rear half of the property down to the creek. The ground is a mix of sand and rocks, very workable land to dig etc.The property is fronted on South River Rd, a year round road with approximately 332ft of frontage. The property depth is approximately 434ft, and the rear property line abutts the Beatty Creek with approximately 305ft. Copy of Survey will be made available to buyer. Zoning is RU allowing many possibilities. Annual Property taxes $463.00. Property has a rock/gravel driveway without culvert. There is a 6" drilled well, and a completed septic system suitable for a 3bdrm house build. There is an exisitng below grade 30ft x 38ft foundation, however it is not usable due to weather exposure but can be filled in and/or use pier foundation if desired. Hydro is available a few hundred meters away up the road, distance TBD. No VTB. *For Additional Property Details Click The Brochure Icon Below*
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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$708/mo
Mortgage (principal + interest)$670
Property taxFrom listing: $463/yr$39
Minimum $8,950 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$35,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,515
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$40,115
First-time buyers can get up to $4,000 back on Ontario land transfer tax. 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.
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