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 The Apse House, 333329 7th Line, Amaranth- This exceptional 72-acre farm offers a rare combination of agricultural land and commercial opportunity. Of the total acreage, 20.8 acres have been rezoned for commercial use, making it ideal for agritourism or a variety of permitted commercial ventures. Built in 1986An architect designed country retreat home, blending the warmth of original brick with clean Scandinavian wood treatments. This distinctive melding of old and new has resulted in an exciting presentation of glass and wood designed to create cozy warmth within and to maximize the long country views from every window. The design was entered in the 1986 Canadian Architect's Award and received an honourable mention placing in fourth place. Charming and distinctive two-storey home offering approximately three bedrooms, spacious living areas, and plenty of character. The main floor features a bright living room with cathedral ceilings, a floor-to-ceiling brick fireplace with Norwegian insert, dining room with box window, and a well-equipped kitchen with Cellini cabinetry and modern appliances. A main-floor bedroom includes an accessible three-piece ensuite. The upper level offers a spacious master bedroom with cathedral ceilings and windows on three sides, an additional bedroom, bright reading/plant area, and a charming bathroom with original claw-foot tub, pedestal sink, and etched glass. Additional features include strip maple flooring, original interior doors, Low-E Pella/custom windows, 2" x 6" construction, steel Galvalume roof, and central vacuum. The property also includes a large 60' x 120' asphalt parking area, detached garage with loft storage. A unique property offering a wonderful combination of comfortable living, character, gardens, and extensive workshop/storage space. For a more detailed description of the house and its features, please refer to the attached Schedule-C for additional information about the property.
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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$12,214/mo
Mortgage (principal + interest)$11,780
Property taxFrom listing: $5,200/yr$433
Minimum 20% ($629,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$629,800
Ontario land transfer taxProvincial brackets, no first-time refund$65,200
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$697,800
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Amaranth 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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