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.
Priced to Sell !!! Unique property with multiple zoning on 42 acres - privacy and amazing views across the lower farm and woodland properties.Multiple zoning - ID 13 acres fronting on Hwy 140 ; 7 acres GI ; 12 acres Agriculture Ideal for those entrepreneurs who may want to build their business or for future investment . Currently all utilized as agriculture.Century Home maintaining character yet has key finish elements incorporated by the owner - double width walls with double insulation, plaster ceilings with all plaster crown moldings, solid hardwood trim and doors, 2 character brick fireplaces which were originally wood burning and have been converted to gas , a hand crafted patio ( heated ) and front home entrance, high end light fixtures throughout which add to the character of the home and house is conntected with an automatic Generac Generator and Fiber wire was installed to ensure uninterrupted connectivity.Upper level 3 very large bedrooms , 2- 3 piece bathrooms ; Main floor has an eat in kitchen and a formal dining room, living room with large bay windows and a family room each with fireplaces, a laundry room and 2 piece bathroom. Basement has a finished office and large finished dry storage areas . Out buildings include a 2 vehicle garage, Large( approx. 4000 sq ft ) High ceiling barn , small gardening shed, and an animal/implement shed which needs some TLC on the roof.The owners invested heavily in landscaping and has a large variety of trees spread over their 3 acre lawn all with expansive views over the countryside and adding to both the beauty and privacy .
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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$6,118/mo
Mortgage (principal + interest)$5,611
Property taxFrom listing: $6,076/yr$506
Minimum 20% ($300,000 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$300,000
Ontario land transfer taxProvincial brackets, no first-time refund$26,475
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$329,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Port Colborne 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.
