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.
Set on the shores of Lake Nosbonsing, known as a premier lake for world class freshwater fishing for walleye, northern pike, muskie, and smallmouth bass. The 11 km long lake has two distinct sections and many sheltered bays, perfect for fishing, boating, canoeing & kayaking. This 5 bedroom cottage built in 1953 is set on a beautiful point offering panoramic lake views and beautiful sunsets. There is a large eat in kitchen with woodstove that has patio doors to a covered deck. The living room has a focal stone fireplace. 2 bedrooms and a 3 piece bath complete the main floor. Upstairs offers 3 additional bedrooms. The hydro panel is a 125 amp breaker panel. Water is drawn from the lake. There is a 2000 gallon holding tank. The road is maintained by the Township of Bonfield. The Seller has been approved in principle in acquiring the road shore allowance from the Township of Bonfield. The process will take a minimum of 3 months to finalize the purchase. Lot size is based on the property size once the purchase of the road shore allowance is completed. All offers must be conditional upon the completion of the purchase of the road shore allowance. Taxes are current. Changes to the taxes upon purchase of the shore allowance are not known at this time.
Demographic data is not available for this area yet.
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Age Groups
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What’s NearbyDistances approximate
No nearby school data is 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$2,076/mo
Mortgage (principal + interest)$1,870
Property taxFrom listing: $2,476/yr$206
Minimum $24,995 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$99,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,473
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$109,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bonfield 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
