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.
350 spectacular acres of land on a private road and quiet lake (Sims Lake - approximately 40 acres in size) with a private beach and 20ft dock. Property has a stunning 2,700 sq ft 2-level luxury custom built home with top-of-the-line appliances/furnishings and a 3-car garage. Property has Hydro One service. Own your own high-end cottage with hiking trail. Next to house is recently built 2,400 sq ft barn that is perfect for private/family events. Property is close to Downtown Huntsville. This zoned gated community is a tremendous investment that includes 22 approved 2-12 acre residential condominium lots for new homes/cottages with temporary road & hydro distributed to the lot lines. The short term rental income for this property is $1,800 per day. Cottage/home is 2 levels with walk-out basement. 1st level - living room, dining room, main bedroom with full bathroom, second and third bedroom, one office, 1 full bathroom, 1 2-piece bathroom with shower, open kitchen. Lower Level - walk-out basement with 4th and 5th bedrooms, 1 full bathroom, living room and unfinished mechanical room. 2,400 sq ft of finished living area. Septic tank was recently doubled in size for a short rental license approval.
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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$15,948/mo
Mortgage (principal + interest)$14,777
Property taxFrom listing: $14,058/yr$1,172
Minimum 20% ($790,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$790,000
Ontario land transfer taxProvincial brackets, no first-time refund$85,225
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$878,025
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Huntsville 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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