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.
Located in the incredible community of Norvern Shores on beautiful Lake Vernon, this adorable turnkey 2-bedroom three season cottage is the perfect opportunity for first time cottage buyers or families looking for an easy escape to cottage life. Featuring two comfortable bedrooms, a full 3-piece bathroom, and an inviting open concept kitchen, dining, and living area, the space is designed for relaxed summer living and entertaining. Step outside onto the beautiful front deck complete with a privacy fence, creating the perfect place to unwind after a day on the lake. Surrounded by trees and nature while still being part of a vibrant and welcoming community, this property offers the best of both worlds. A detached garage provides excellent additional storage for all your cottage and outdoor essentials. Everything is included with the property, allowing you to simply pack your bags, move in, and start enjoying the summer immediately. Norvern Shores offers so much more than just a cottage - it's a true community where lifelong memories are made. Enjoy access to the private waterfront with sandy beach, optional docking, boat launch, playgrounds, and family-friendly events down by the water throughout the summer. With no rentals permitted, the community maintains a peaceful and welcoming atmosphere that families return to year after year. This leased land community requires a one-time initiation fee for new members along with a low annual membership fee. Don't miss the opportunity to experience everything Norvern Shores has to offer.
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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$1,142/mo
Mortgage (principal + interest)$1,047
Property taxFrom listing: $1,143/yr$95
Minimum $13,995 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$55,980
Ontario land transfer taxProvincial brackets, no first-time refund$2,674
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$61,454
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
