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.
Welcome to an exceptional opportunity on beautiful Hornet Lake, where waterfront living, privacy and income potential come together on one impressive property. The main residence offers four bedrooms, two bathrooms, multiple fireplaces updated to propane, multi-tiered decks and plenty of space to enjoy life at the lake. For investors, multi-generational families or buyers looking to supplement their income, the property offers outstanding flexibility with **two separate rentable cabins, plus an apartment above the garage**. One cabin features two bedrooms, a living room and kitchen with its own holding tank, providing comfortable independent accommodations. With over **400 feet of waterfront**, docking, floating rafts, trails and excellent fishing, the property is designed for both relaxation and recreation. Additional features include a two-car garage, workshop, newer septic system (2018), newer windows on the east side of the main residence. Whether envisioned as a private waterfront retreat, a multi-generational property or an investment with multiple potential income streams, Hornet Lake offers possibilities that are difficult to replicate. Explore the property, watch the video and imagine what you could create here. Must be seen to fully appreciate the setting, versatility and opportunity.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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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$2,708/mo
Mortgage (principal + interest)$2,450
Property taxFrom listing: $3,098/yr$258
Minimum $40,490 down for this price; the slider moves in whole percent, starting at 7%. 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$130,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,573
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$143,353
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Temagami 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.
