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.
Location, Location, Location! This charming 3+1 bedroom 1950's bungalow in Port Sydney has the original Muskoka charm but with modern day amenities. Located within walking distance to Mary Lake beach and boat launch and just minutes from Huntsville and Bracebridge for shopping, dining and much much more. This full time residence features a cozy family room with a natural gas fireplace and an updated kitchen with stainless steel appliances and spacious dining area. Recent upgrades include a new gravel driveway, renovated screened-in room, new maintenance free siding, attic and crawl space insulation, brand new windows, updated flooring, new mudroom, refreshed bathroom and freshly painted interior making this home truly move-in ready. Featuring 3 cozy bedrooms providing plenty of space for your family and 1 flex space for an office, guest room or playroom adding flexibility to the layout. There is a large laundry room with direct garage access to the single car garage. Outside you can enjoy a beautiful large backyard with a deck and patio ideal for entertaining all year long. You feel as you are at a peaceful retreat, with everything you need and more with convenient access to highways. This property has also operated as a successful permitted Airbnb offering excellent income potential. This is a rare and valuable find in coveted Port Sydney.
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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$2,088/mo
Mortgage (principal + interest)$1,908
Property taxFrom listing: $2,161/yr$180
Minimum $26,000 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$102,000
Ontario land transfer taxProvincial brackets, no first-time refund$6,675
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$111,475
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Huntsville 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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