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.
8-BED- 10 BATHROOMS VILLA WITH GREAT POTENTIAL AND OCEAN VIEWS IN EAST CABARETE !!! Nestled in the desirable and up-and-coming area of East Cabarete, this 8 bedroom + 10 bathroom VILLA offers incredible potential and beautiful ocean views from select points of the property. Spread across two levels, the property boasts a private outdoor pool, an elevated Jacuzzi, and a poolside gazebo that serves as a spacious seating area with a BBQ and outdoor kitchen perfect for entertaining. The open, post-colonial design balances privacy and functionality, with two first-floor rooms offering sea views and kitchenettes, one ground-floor room featuring a full-sized kitchen, and three additional ground-floor rooms. Five of the eight bedrooms come furnished with king-size beds for extra comfort. Surrounded by lush tropical greenery, including mature papaya and coconut palms, the property offers a serene retreat. Beyond the gates, a semi-private beach provides the perfect spot to unwind and even surf. Conveniently located just 3 miles from the lively town of Cabarete, the villa saw notable upgrades in 2022, including new cisterns, a back-up generator, and modern appliances. While the property is in good condition, it presents a fantastic opportunity to be transformed into an exceptional retreat with the right investment. The price in $USD.
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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$2,407/mo
Mortgage (principal + interest)$2,241
Property taxFrom listing: $2,000/yr$167
Minimum $34,900 down for this price; the slider moves in whole percent, starting at 6%. 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$119,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,455
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$131,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Dominican 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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