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.
This home offers a great opportunity for buyers who want a solid, livable space with room to finish and add your personal touch. The main house features two bedrooms and two bathrooms, including a partially finished main bathroom that has been thoughtfully planned with a separate shower, standalone bathtub, and double vanity. The open-concept kitchen, dining, and living area creates an inviting main living space, and a brand new microwave and dishwasher are included for the new owners to install when ready. The spacious 900 sq. ft. addition has been started, providing an excellent foundation for expanded living space that can be completed to suit your needs and style. The sellers have already completed several key updates, including a new front deck, fresh shingles on both the existing home and the addition, a new septic system installed in 2023 to support the expansion, and a propane furnace added in 2019. The basement is unfinished, offering additional flexibility for future use. Whether you're an investor, contractor, or a homeowner looking for a project, this property delivers the space, the upgrades, and the head start to create something truly spectacular!
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Owners vs Renters
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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$1,264/mo
Mortgage (principal + interest)$1,160
Property taxFrom listing: $1,253/yr$104
Minimum $15,500 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$62,000
Ontario land transfer taxProvincial brackets, no first-time refund$3,125
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$67,925
First-time buyers can get up to $4,000 back on Ontario land transfer tax. McMurrich/Monteith 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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