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 7 Weckstrom Lake, a truly special waterfront property where character, comfort, and nature come together. Set on the shores of Weckstrom Lake in beautiful Searchmont, this unique retreat offers the perfect blend of rustic charm and modern off-grid living. The main house features 4 bedrooms and 1.5 baths, with plenty of character and warmth throughout. Designed to embrace its natural surroundings, the home offers inviting living spaces, abundant deck space, and a bright sunroom; the perfect spot to enjoy your morning coffee, curl up with a book, or take in the changing seasons. Need extra space for family and friends? The separate guest house is ready to welcome visitors, featuring 1 bedroom, a full kitchen, and a full bathroom. Whether used for guests, extended family, a private retreat, or additional living space, it adds incredible versatility to the property. The property is solar powered and completely off-grid, offering a wonderful opportunity to embrace a more self-sufficient lifestyle while enjoying the peace and privacy of your own lakeside haven. Step outside and the real magic begins. Enjoy generous deck space overlooking the water, your own sandy beach, and a dock that makes getting out on the lake easy. Spend summer days swimming, boating, fishing, or simply relaxing by the water, then gather around the fire and enjoy the quiet of the evening. With many inclusions and everything you need to settle in and start enjoying lake life, this is truly a move-right-in property. If you're looking for a property with personality, privacy, waterfront, and the freedom of off-grid living, 7 Weckstrom Lake is one you won't want to miss.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$1,928/mo
Mortgage (principal + interest)$1,867
Property taxFrom listing: $739/yr$62
Minimum $24,950 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$99,800
Ontario land transfer taxProvincial brackets, no first-time refund$6,455
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$109,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Algoma, Unorganized, North Part 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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