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.
Home is on the land of Kettle and Stoney Point First Nation. Leased Land. You cannot get a mortgage. Cash only. Buyer will need a current police check and to be approved by the land owner and the Band Office via lease agreements. New 5yr land lease will be 2,500/yr. Fantastic 3 season cottage walking distance to Lake Huron! Dig your toes in the soft sand beach down in Kettle Point while watching one of Canada's best sunsets. This really cute 2 bedroom, 1 bath cottage is waiting for you. Fully furnished so just pack your beach town and get ready to relax all summer long! And the added bonus is the bunkie that can sleep 5! And with the drive through laneway there is plenty of parking for easy access. Located only 10min to the town of Forest for all your shopping needs or 15min to Grand Bend. *Taxes are approximate
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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$575/mo
Mortgage (principal + interest)$430
Property taxFrom listing: $1,737/yr$145
Minimum $5,750 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$23,000
Ontario land transfer taxProvincial brackets, no first-time refund$875
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$26,675
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lambton Shores 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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