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.
Overlooking the sparkling water on Cranberry Lake on the Rideau Canal system rests a stunning 6 acre lot in an exclusive private subdivision. This impressive and dramatic setting is embellished with 40ft rock walls, mature tree canopy, and a winding driveway with unparalleled privacy. This lot has three distinct building locations including the very front overlooking the Canal, the valley nestled in the spectacular stone walls, or the top of the hill which contains excellent views and privacy. The current owner has installed a temporary road for access to the upper level that could be moved to create a walking trail or remain as a driveway for future use of this space. This property boasts the strength and pride of the Canadian Shield and the beauty that accompanies it. Restrictive covenants include a minimum building envelope of 1500 square foot bungalows or 2000 feet for 2 story dwellings. A second residence is available to be put into the main structure based on the living space size of the principal residence. The centre of the main valley contains soil and clay and is ideal for installation of a septic system. The property contains a well and the driveway has already been installed. This property is ideal for a creative design that fits in with the natural beauty of this impressive lot.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
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$907/mo
Mortgage (principal + interest)$819
Property taxFrom listing: $1,057/yr$88
Minimum $10,950 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$43,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,915
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$48,515
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Frontenac 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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