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.
Here's your chance to have 4 acres of ready to be developed land on waterfront. This property is located on a year round, municipally maintained road. It has 283' of shoreline on the South River/Forest Lake system. A private driveway has been installed from the road all the way to the waters edge where there is a large clearing. This clearing has a gentle slope to the shoreline and included floating dock (NyDock). This clearing has a nice view of the water from the firepit and would make a good location for your home or recreational retreat. There is a fenced area used as a dog run at this clearing. There is another clearing a little over 1/2 way between the road and waterfront. This clearing has a circular drive, 40' storage container, cellular boosting tower and 200 AMP service. Enjoy beautiful sunsets and star gazing while surrounded by nature. You will be thrilled if you are an aviation enthusiast because just across the road is the location of a private Air Park. This air park is for small aircraft only. At the end of the road there is a boat / float plane launch, very handy to bring your boat in and out of the water when not cruising around or parked at the dock. Located a short distance to Hwy 124, Hwy 11 and the amenities of Sundridge and South River.
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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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$1,210/mo
Mortgage (principal + interest)$1,119
Property taxFrom listing: $1,100/yr$92
Minimum $14,950 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$59,800
Ontario land transfer taxProvincial brackets, no first-time refund$2,960
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$65,560
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Joly 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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