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Pefferlaw, Georgina
$980,000
Fantastic island-like waterfront property just off HWY48 and only about one hour to Toronto! Enjoy the Paradise cottage with wide open view of lakeside lifestyle. More than half Acre of green land: A sprawling private sanctuary surrounded by nature, perfect for family gatherings, children's play, or simply unwinding in peace. Double-side Deep-Water Docks can let you put more than 50' big boat! Includes a spacious BBQ deck area full of potential for your creative touch! Municipal gas line and Drilled well (can let you use endless water for free!) Ready to Connect to natural gas line in the neighborhood for efficient and cost-effective heating and living. Don't miss this Gem and no more! Whether as a dream vacation home or a year-round lakeside residence, this property is the perfect canvas for your vision. House is comfortable and elegant, sit beside bar with fire place and wide open view! Detached over double garbage(960 sq ft heated and insulated with water and electrical, can be switched to guest suite), potential for another separated waterfront location!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,244 |
| Lot Size | 132 ft x 187 ft |
| mls© Number | N13643406 |
| Listed By | MANORLEAD GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,016
- Property tax
- $437
- Heat allowance
- $150
- Housing costs
- $5,603 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$172,000
gross annual household income
- Payment at 4%
- $4,124 / mo
- Cash down
- $196,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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