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.
Live here in the 2 bedroom apartment approx. 1,700sq.ft. (currently vacant) and have the income from the Tenants cover costs! Current Fire Inspection complete everything is compliant. Investment opportunity in the Heart of Kinmount. This building has been well maintained and cared for. Offering 2 Commerical opportunites on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment occupied by Tenant. The upper building has a 2 Bedroom apartment vacant, and a one bedroom apartment occupied Dec.1st. These units are a great source of income with the mix of Commercial and Residential uses. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access and a pump out is approx.$715 month. Updated electrical includes 2-200 amp panels for the building. Seller take back available with 35% down and will offer Commercial bank rate to get you started.
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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$2,170/mo
Mortgage (principal + interest)$2,005
Property taxFrom listing: $1,983/yr$165
Minimum $28,600 down for this price; the slider moves in whole percent, starting at 6%. 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$107,200
Ontario land transfer taxProvincial brackets, no first-time refund$7,195
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$117,195
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kawartha 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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