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.
GALEAIRY LAKE WATER VIEWS - JUST EAST OF ALGONQUIN PROVINCIAL PARK. For buyers searching Muskoka real estate for a four-season lake-country retreat, this custom-built home offers an appealing alternative east of Muskoka, near the natural beauty and recreation of Algonquin Park. A bright open-concept kitchen, dining and living area creates an inviting gathering space, with new energy-efficient casement windows framing the landscape. Three bedrooms include two identical, spacious primary bedrooms and a smaller third bedroom ideal for guests or a home office. Ceiling fans with remotes serve the bedrooms, living room and kitchen. A spacious three-piece bathroom, convenient powder room and basement wood stove for auxiliary heat support comfortable year-round living. Outdoor living makes the most of the Galeairy Lake setting. A 9' x 10' screened gazebo opens to a substantial 14' x 28'6" deck, complemented by a 10' x 12' open gazebo with a durable metal roof on the lake side of the home. Relax, dine or entertain while enjoying the water view and peaceful Ontario cottage-country atmosphere. A pump at the lake simplifies garden watering, while the RV parking area includes electrical and water hookups. Exceptional vehicle, recreational-equipment and workshop storage sets this property apart. The heated 19'6" x 26' attached 1.5-car drive-through garage connects to a 32' x 26' two-car roadside carport. A detached 24' x 24' two-car garage with hydro provides additional covered parking or workshop potential, and a 10' x 16' storage shed with hydro keeps tools and seasonal equipment organized. All garage doors have electric openers. The roof was updated in 2024. Whether you are comparing Muskoka properties, seeking a home near Algonquin Provincial Park or dreaming of the lake lifestyle, this distinctive four-season property delivers space, versatility and lake-country appeal.
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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$3,049/mo
Mortgage (principal + interest)$2,727
Property taxFrom listing: $3,868/yr$322
Minimum $47,900 down for this price; the slider moves in whole percent, starting at 7%. 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$145,800
Ontario land transfer taxProvincial brackets, no first-time refund$11,055
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$159,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. South Algonquin 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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