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.
Visit REALTOR website for additional information. If breathtaking and tranquil views are on your list, then this could be the lakeview getaway for you! Overlooking gorgeous and private Sheen lake, this 9.4 acre retreat has the peace and unique setting that you have been awaiting. Main floor being open concept, and the sun room to take in all of the views, it's truly nestled in the beautiful nature. With hardwood flooring throughout, 1 bedroom on main floor, as is the laundry making it very simple. On the upper level you have 2 bedrooms, with the master having an enclosed patio view of the lake to give you that solitude every day. There is a 2 piece washroom between the bedrooms as well. The walk out basement features include the lower outdoor patio for an added bonus private area, a quiet office, a very open multiple use entertainment area, parkay floor and a wet bar to go along with it. Cold cellar is behind the utility room, as there is also an updated water purification /salt system. The back of the room features another washroom, complete with a walk in shower, and the hidden gem is tucked along side that, being a full cedar sauna to be enjoyed all year around. The detached garage/workshop can not go un-noticed. Featuring a wood burning fireplace, 200 amp service, double electric garage doors, ample storage and lighting throughout, this really adds a bonus to your country living oasis dream. And your private pond/swamp is nestled in the middle of the property, surrounded by bush and a ridge, giving you that deep woods feel, ready for adventure. Outdoor hydro is found throughout the property also, and extra parking whether it's snowmobile trailers or RV's, you have the space! As for your taxes- you will embrace having them at a fraction of most. Whether you're a nature buff, or a tinker and toolman with toys, You may have found the perfect property here!
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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$2,833/mo
Mortgage (principal + interest)$2,727
Property taxFrom listing: $1,274/yr$106
Minimum $47,900 down for this price; the slider moves in whole percent, starting at 7%. 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$145,800
Ontario land transfer taxProvincial brackets, no first-time refund$11,055
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$159,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Cochrane 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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