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.
A truly unique property offering an exceptional combination of space, versatility, nature & outdoor living, w/ incredible possibilities for those dreaming of a more self-sufficient country lifestyle or those who long for living in peace & tranquility of nature, set on 55 ACRES! The bright main level takes full advantage of the setting, w/ views toward the gardens & surrounding landscape creating a wonderful connection between indoors & out. The second level features 3 bedrooms, including primary w/ walk-in closet & cheater ensuite access. The solarium, accessed directly from inside main house, provides a great spot to enjoy the surrounding gardens & natural setting in every season, from summer greenery to changing seasonal views, all from the comfort & shelter of indoors & away from the bugs! Important updates include main heat pump (2024), propane furnace (2023), metal roof (2021), well pump & pressure tank (2020), windows (2020/2016) & secondary heat pump (2018). Water is supplied by approx. 110' drilled well. A 30' x 24' insulated workshop w/ 11' ceilings, 200-amp service, steel siding & roof offers incredible potential for an at-home business, mechanic, hobbyist, equipment or all the toys. A separate 24' x 22' drive shed w/ power provides additional storage. The impressive 2,268 sq. ft. four-season greenhouse features 200-amp service & propane-fired hydronic in-floor heating, ideal for those looking to grow their own food & embrace greater self-sufficiency. Central metering services all buildings. Outdoors, enjoy multiple vegetable gardens, apple trees, perennial gardens & a spring-fed pond reaching approx. 9' deep & used by the family as a swimming pond. A pathway leads to rear acreage where selective cutting provides access to approx. 1000 maple trees w/ potential for tapping. An exceptional property for nature lovers, gardeners, hobbyists & those seeking the space & infrastructure to create a lifestyle of their own!
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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$4,453/mo
Mortgage (principal + interest)$4,111
Property taxFrom listing: $4,105/yr$342
Minimum $84,900 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$219,800
Ontario land transfer taxProvincial brackets, no first-time refund$18,455
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$241,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lanark Highlands 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.
