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.
Family friendly 2 story home just about complete at 382 Frances Street in Port Elgin; a short walk to a gorgeous sandy beach. The 2nd floor boasts 3 spacious bedroom and the laundry room. The primary bedroom has a walk in closet measuring 8'2x 10'8 and a luxurious ensuite with a tiled shower, soaker tub and 2 sinks. The main floor features an open concept living room, dining room and kitchen with Quartz counter tops, 6' x 4' island, walk in pantry 6' x 6, 9ft ceilings, gas fireplace, walkout to a partially covered 14 x 15 deck and more. There are 2 options available for finishing the 842 sqft basement. Option 1 featuring a family room, 4th bedroom, 3pc bath and storage is an additional $40,000. Option 2 which would be a legal secondary suite for additional family members or added income would be $85,000. Exterior finishes include a sodded yard, and double concrete drive. This home is heated with a gas forced air furnace and cooled with with central air. Prices subject to change without notice HST is in addition to the asking price. The Builder will co operate with the Buyers to secure the HST rebate provided they qualify.
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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$3,591/mo
Mortgage (principal + interest)$3,591
Minimum $70,990 down for this price; the slider moves in whole percent, starting at 8%. 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$191,980
Ontario land transfer taxProvincial brackets, no first-time refund$15,673
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$210,453
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Saugeen Shores 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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