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 Spacious Bungalow features 3 Bedrooms with 2 good size bonus rooms which would be great for potential extra Bedroom space or Rec/Hobby rooms. The home is nestled on 3.4 Acres along the Blanche River in an Unorganized Township. Great location for commuting with 2 minutes to Highway 11, 10 minutes to Highway 66, 15 minutes from Kirkland Lake, 15 minutes from Englehart. The home boasts a large Living Area with a floor to ceiling fireplace creating a beautiful focal point and patio doors leading out to the deck where you can enjoy the Blanche River views. The Kitchen features modern rustic cabinets, and plenty of space for extra pantry/shelf storage. Off to the side of the kitchen is the laundry area, conveniently located between the main floor and basement. Off from the other side of the kitchen you walk in to a large bonus room with wood stove, with closet space and exterior door this also could be your main foyer area. The Primary Bedroom has ample space plus closet, and the windows provide plenty of natural light. The Second Bedroom is another large room with plenty of natural light. Completing the main level is the 4 piece bathroom. Downstairs in the finished basement you will find a third Bedroom with large walk-in closet, 2 Bonus Rooms and a 4 piece bathroom. The yard has plenty of green space, a deck to sit out and enjoy the view, and access to the river.
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What’s NearbyDistances approximate
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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$1,907/mo
Mortgage (principal + interest)$1,777
Property taxFrom listing: $1,571/yr$131
Minimum $23,745 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$94,980
Ontario land transfer taxProvincial brackets, no first-time refund$5,973
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$103,753
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kirkland Lake 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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