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.
The Lake House. Welcome to a rare private waterfront retreat on Redmond Bay, where spectacular sunsets and refined four-season living come together in extraordinary style. Set on more than two acres of private lakefront, this beautifully built 5700 sqft smart home offers an exceptional blend of comfort, craftsmanship, and unforgettable natural beauty. Inside, the residence features four bedrooms, 5 bath, two kitchens, a sun-room, and an inviting bar area, all designed to embrace the surrounding water views. A granite kitchen, elegant light-filled interiors, custom hardwood floors, and heated floors throughout including the garage and basement add warmth and luxury throughout. Built to an impressive standard with many premium European materials and features rarely found in Canadian homes, the property includes triple-glazed laminated windows, every room individually controlled an ICF foundation, extra insulation, smart toilets, a hot water recovery system, and an imported Euro-style metal roof. Outdoors, the lifestyle is just as remarkable, with two docks, a boat ramp, composite decking, glass patio walls, hot and cold-water access on the patio, hot tub hook up, Private RV and hookup, and a multi use 1,000-square-foot shop. A separate 1,000-square-foot annex offers excellent flexibility as an Air b&b space or in-law suite. Whether you are boating in summer, snowmobiling in winter, hiking nearby trails, or simply relaxing by the water, this is more than a home-it is a magazine-worthy lakeside escape designed for those who want it all. Schools and shops just minutes away. Yes on school bus route.
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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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$10,191/mo
Mortgage (principal + interest)$9,349
Property taxFrom listing: $10,108/yr$842
Minimum 20% ($499,800 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$499,800
Ontario land transfer taxProvincial brackets, no first-time refund$48,950
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$551,550
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hastings 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.
