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.
Large private 10 acre property featuring one floor bungalow living with an inground pool and Cabana. The house has a fireplace with a wood insert, 3 sides of decking, is carpet free, the house has been updated, has a large kitchen and dining area with good sized windows. In the full basement there is a wood stove and a drive in garage door to drive your toys into it in and keep them out of the weather. There is a bedroom looking out to the pool area and the primary bedroom looks out to the back yard forest. There is a detached 25x36 shop , garage with level table land around it for lots of storage. The property sits back a couple hundred feet from the road for privacy, and is surrounded by a fully treed lot . The pool area also offers privacy as it has a wood fence around it. Zoning amendment to By-law 87-134 are: a residential dwelling unit, accessory buildings and structures, contractor's yards, service shops, boat repair ships,1 business offices and retail sales accessory thereto. This is a great central location for quick access to the lakes , and local towns of Port Carling , Bala and Gravenhurst.
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What’s NearbyDistances approximate
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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$3,801/mo
Mortgage (principal + interest)$3,535
Property taxFrom listing: $3,190/yr$266
Minimum $69,500 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$189,000
Ontario land transfer taxProvincial brackets, no first-time refund$15,375
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$207,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Muskoka Lakes 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.
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