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.
Prime Development Opportunity: 58-Lot Draft Plan Approved Subdivision Near Stony Lake Executive Summary. Presenting a premium, high-yield development opportunity in the heart of the Kawarthas. This expansive property features Draft Plan Approval for a 58-lot subdivision, 1 large commercial lot with existing well and septic system, situated on a former golf course on Northey's Bay Road. Offering a perfect blend of natural beauty, estate-scale living, and strategic highway access, this project is positioned to become a premier residential community. Property Draft Plan Approved for 58 distinct lots, streamlining the pre-development timeline. Premium Estate Lots: 58 residential lots averaging approximately one acre each, meeting the high demand for spacious, private country estates. Strategic Commercial Component: Includes one lot designated for commercial use, creating a perfect opportunity for a local convenience hub, café, or neighborhood amenity. Scenic Golf Course Landscape: Built on a former golf course, the property offers rolling topography, mature trees, and established park-like vistas that require minimal additional clearing. Situated on Northey's Bay Road with easy access to Highway 28, making it highly accessible for commuters and weekend travellers. Minutes away from prestigious Stony Lake, providing future residents with elite access to the region's premier boating, fishing, and recreational lifestyle. This property offers a clean slate for a master-planned community structure. The purchaser will be responsible for installing internal subdivision roads and extending electrical infrastructure to the lot lines. Complete due diligence packages-including the approved draft plan maps, zoning documents, and engineering studies-are available. Due to the new zoning and MPAC assessment, property taxes will be reassessed by the Township within the next three months.
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Age Groups
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Owners vs Renters
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Household Type
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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$13,183/mo
Mortgage (principal + interest)$13,183
Minimum 20% ($704,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$704,800
Ontario land transfer taxProvincial brackets, no first-time refund$74,575
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$782,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. North Kawartha 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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