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 lovely 2 bedroom, 2 bathroom year round home situated at 40 Algonquin Lane backs onto a wide-open green space and is now on the market. Watch the sunrise while sipping your coffee in the 4 season sunroom with in-floor heating and 3 sets of patio doors or sit on the deck with a retractable awning, directly off the dining room. If you have been looking to retire in the only 55+ lakefront land lease community with its own private gated sandy beach, look no further! Meneset on the Lake has it all! Drive down to the wide-open view of gorgeous Lake Huron, swim, paddle board or float around in the refreshing water. Relax on the benches located in the park areas to soothe your soul listening to the waves, participate at the active clubhouse or hike on the nearby trail systems. This floor plan consists of a generously sized living room with plenty of room for oversized furnishings & features a peninsula natural gas fireplace. The kitchen is complete with an abundance of cabinets, is footsteps from the dining room and has close laundry/storage. The spacious primary bedroom with 3 piece ensuite bathroom easily fits a king-size bed, night tables and dressers. Guests will enjoy the size of the second bedroom across from the main 4 piece bathroom. Updates include new exterior services (2021), a newer furnace and AC, an owned hot water heater (2015), roof (2017), and bathroom sinks and toilets (2015). Summer is here and the beach is calling, reach out to your REALTOR to book a viewing of this spacious home!
Property Details
Listing
MLS® number
X13882578
Status
For Sale
Listed
Oct 9, 2026
Last updated
Oct 9, 2026
Possession
Flexible
Building
Type
Residential Freehold
Style
Bungalow
Approx. age
Not provided by brokerage
Approx. size
1,100–1,500 ft²
Basement
None
Lot
Frontage
Not provided by brokerage
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
East
Community
Colborne
Parking & utilities
Garage
None, 0 spaces
Driveway
Private Double, 2 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$2,098 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
Royal LePage Heartland Realty
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 2
Kitchens: 1 above grade
Basement: None
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Fireplaces: 1
Exterior
Pool features: None
Property features: Beach, Golf, Hospital, Lake Access, Rec./Commun.Centre, Waterfront
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$1,293/mo
Mortgage (principal + interest)$1,119
Property taxFrom listing: $2,098/yr$175
Minimum $14,950 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$59,800
Ontario land transfer taxProvincial brackets, no first-time refund$2,960
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$65,560
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Ashfield-Colborne-Wawanosh 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.
