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.
TWO HOMES. ONE PROPERTY. RENTAL INCOME POTENTIAL. Welcome to an exceptional opportunity to own two fully self-contained homes on one stunning 48-acre property. Located just minutes from Carleton Place and Perth, with an easy commute to Ottawa, this 2022-built estate offers the perfect combination of privacy, luxury, flexibility, and income potential. LIVE IN ONE HOME AND RENT THE OTHER. Each residence has its own private entrance, kitchen, bathrooms, living spaces and services, making this property ideal for generating rental income to help with mortgage costs, accommodating extended family or creating a private space for adult children or guests. The main residence offers over 2,400 sq. ft. of beautifully designed living space with soaring vaulted ceilings, a gas fireplace and an impressive open-concept layout. The gourmet kitchen features a massive island, walk-in pantry and high-end finishes. The private primary suite in on its own wing and includes its own fireplace, spa-inspired ensuite and walk-in closet, while two additional bedrooms and a dedicated home office complete the main floor. The walk-out lower level offers excellent potential for future finishing. An oversized 4-car garage with over 1,000 sq. ft. provides plenty of room for vehicles, equipment, toys and storage. The second home offers over 1,600 sq. ft. of modern living with 2 bedrooms, 2 bathrooms, a beautiful kitchen, open living space and a stunning fireplace. Enjoy a private deck overlooking the forest plus a fully insulated 3.5-car garage. Outside, 48 acres provide trails, privacy, recreation and endless opportunities to enjoy nature in every season. Two homes. One property. Separate living. Rental income potential. 48 acres of privacy. A rare opportunity to own a property that can offer both an incredible lifestyle and the potential to help offset your mortgage.
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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$7,623/mo
Mortgage (principal + interest)$7,070
Property taxFrom listing: $6,633/yr$553
Minimum 20% ($378,000 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$378,000
Ontario land transfer taxProvincial brackets, no first-time refund$34,275
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$415,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Drummond/North Elmsley 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.
