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.
Welcome to your country retreat in the heart of the welcoming Horning's Mills community. Set on a private, tree-lined 0.91-acre lot directly across from the community baseball diamond and park, this custom-built 2011 bungalow offers comfortable family living with plenty of space to enjoy the outdoors. The bright, open-concept main floor features a spacious kitchen, dining area and family room, with large windows in every room bringing in an abundance of natural light and framing peaceful views of the property. Warm hardwood floors and trim add a timeless country feel throughout. The kitchen is complemented by a generous butler's pantry with convenient access to the garage, while the dining area walks out to the covered rear deck, ideal for BBQs, entertaining or simply enjoying your beautiful property. Three bedrooms and two bathrooms provide comfortable main-level living, while the spacious walk-out basement offers excellent potential for additional living space, recreation or storage. Designed with accessibility in mind, this home features numerous accessibility aids, including grab bars and wheelchair lifts from the garage and to the basement, with these features being easily removable if desired. Covered front and rear decks extend the living space outdoors and provide comfortable spots to take in the surrounding landscape. For those who need room to work, create or pursue hobbies, the detached workshop features a concrete floor and its own 60-amp electrical panel. With a peaceful country setting, generous lot, thoughtful layout and a strong sense of community right outside your door, this is a property that offers both the space and lifestyle that make rural living so appealing.
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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$4,454/mo
Mortgage (principal + interest)$4,022
Property taxFrom listing: $5,189/yr$432
Minimum $82,500 down for this price; the slider moves in whole percent, starting at 8%. 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$215,000
Ontario land transfer taxProvincial brackets, no first-time refund$17,975
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$235,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Melancthon 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.
