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.
Unique opportunity to own neighbouring waterfront properties on beautiful Lorwell Lake. While each property is being offered separately, purchasing both together presents an ideal setup for a family compound, co-ownership with friends, or an investment opportunity. The properties currently share the well, septic, and hydro services, with the potential to use one cabin personally while renting the other. If you've been searching for a rustic, peaceful, waterfront retreat, this is it. With no public access to the lake, you'll enjoy a quiet setting surrounded by nature and pristine, clear water. Step inside to a warm and inviting main level featuring the kitchen and living room - the perfect place to unwind after a day on the lake. Upstairs, the spacious loft offers flexibility as a primary bedroom or a shared sleeping area for family and guests. Wake up each morning to stunning lake views from the upper covered deck. The shoreline features a hard sand bottom with no weeds and 6ft deep at the end of the dock, making it ideal for swimming, relaxing, and enjoying the lake all summer long. Using the properties boat launch, unload you motorized boat giving you the freedom to fully experience lake life. Come experience everything this special 3-season waterfront property has to offer and imagine yourself enjoying comfort, privacy, and unforgettable days on beautiful Lorwell Lake.
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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$1,286/mo
Mortgage (principal + interest)$1,104
Property taxFrom listing: $2,186/yr$182
Minimum $14,750 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$59,000
Ontario land transfer taxProvincial brackets, no first-time refund$2,900
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$64,700
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brudenell, Lyndoch and Raglan 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.
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