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.
Situated on a spacious 10-acre property just outside the Village of South River, this clean and well-maintained brick bungalow offers endless possibilities for country living. Featuring 2+2 bedrooms and 1.5 bathrooms, the home provides flexible space for families, retirees, or those seeking additional room for guests, hobbies, or a home office. The large kitchen offers ample cabinetry and storage, creating a practical and functional space for everyday living. Outside, enjoy the deck with gazebo overlooking the expansive property, with plenty of open space to explore and enjoy. The partially finished basement adds valuable additional living area with potential for a recreation room, workshop, or extra accommodations.The 10-acre setting presents an excellent opportunity for a hobby farm, gardening, small livestock, or simply enjoying the privacy and freedom of rural living while remaining just minutes from the amenities of South River. Located only a short drive to Eagle Lake, you'll have easy access to swimming, fishing, boating, and all the recreational opportunities the lake has to offer. A well-cared-for property offering space, versatility, and the opportunity to create the lifestyle you've been looking for.
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What’s NearbyDistances approximate
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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$2,386/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $1,699/yr$142
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. Machar 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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