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.
What if your weekend escape could someday become so much more? Set on 14.5 private acres at 702 Letterkenny Road, this unique property offers over 700 feet of road frontage, two driveways and an incredible combination of recreation, privacy and future potential. A newly added road winds around the perimeter of the property, providing a great way to explore and enjoy your own acreage throughout the seasons. At the heart of the property is a beautifully cleared, level grassy area surrounded by nature, complete with established apple trees and raspberry bushes. An original bunkie has been partially finished and features a 200-amp electrical service, with kitchen cabinetry ready to be installed-the perfect starting point while bringing your own vision to life. Also included is a 40-foot 2007 Skyline Layton trailer with a new roof covering and deck, offering additional space to enjoy the property right away. An existing dug well, outhouse and screened-in enclosure add to its current functionality. Whether you envision a private recreational retreat, future homestead or the setting for the home you've always wanted to build, there is plenty of room here to dream. Located near the rural community of Quadeville in an area known for its lakes, natural beauty and four-season outdoor lifestyle, with Gorman Lake and Kargus Lake close by. Spend your days exploring your own acreage, enjoying nearby lakes and embracing a quieter pace of life. Come for the weekends now-and imagine what you could create here for the future.
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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$926/mo
Mortgage (principal + interest)$841
Property taxFrom listing: $1,011/yr$84
Minimum $11,245 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$44,980
Ontario land transfer taxProvincial brackets, no first-time refund$1,974
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$49,754
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brudenell, Lyndoch and Raglan 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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