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.
Potential for year round use, located on a year round private road and a few steps away from fully winterizing the cottage. A charming drive to cottage on a beautiful point of land with multiple exposures, on Sausage Lake. Great for fishing, boating, swimming and an area known for plenty of crown land, trails and all season activities. No building permits required Located in an unorganized township (with the exception of electrical, sewage and shoreline areas). Extensively upgraded. Improvements include most windows, retaining wall, kitchen, bathroom, pine flooring, interior paint (2024), railings (2023),mudroom (2020), new Bunkie footings (2020), and stairs to the Bunkie (2026). A cozy living area, two bedrooms and a loft for sleeping. Open concept with floors.The renovated Bunkie features pot lights, patio door, windows and a brand-new Cinderella incinerating toilet. Just waiting for your finishing touches. Both buildings have metal roofs and Hardie Board siding painted in 2024.Enjoy the enlarged dock with swing (2024), approximately 6 feet of water at The dock jump in to cool off on those hot summer days. New stairs to the dock (2024). The shoreline offers clear lake water and multiple level areas around the property. Crown land is located across from the driveway and at the far end of the lake. A free public boat launch is located across the lake. Current owners use Starlink internet and can be transferred to the new owner.Most furnishings included allowing the next owner to enjoy the property with minimal setup. Nearby towns include South River, Trout Creek and Powassan for shopping, amenities, year-round activities, festivals. A truly special lake and property to make memories with your family and friends. Click on the media arrow for video and floor plans.
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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$2,332/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $1,054/yr$88
Minimum $34,990 down for this price; the slider moves in whole percent, starting at 6%. 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$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
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$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Parry Sound Remote Area 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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