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Listed 1 month ago

264 Robins Point Road

Victoria Harbour, Tay

$1,485,000

Detached|Bungalow
2 | 2 | 5
About this home

Experience the best of Georgian Bay waterfront living with this exceptional 122-foot property featuring two distinct cottages. The charming log cottage offers timeless rustic character, complete with 2 bedrooms, 1 bathroom, a cozy fireplace, and a full kitchen. The modern two-storey cabin provides year-round comfort, featuring 2 bedrooms and a single-car garage for added convenience.Explore the opportunity to sever the property into two 60-foot lots (subject to approvals) with municipal services such as water, sewer, hydro, and gas services to each lot, making it ideal for investment or future development. Enjoy direct access to the water perfect for boating, kayaking, canoeing, or Sea-Doo adventures.A rare offering that combines natural beauty, character, and opportunity dont miss your chance to own a slice of Georgian Bay paradise.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,776
Lot Size127.72 ft x 144.45 ft
mls© NumberS13786478
Listed ByCentury 21 Signature Service

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,601
Property tax
$481
Heat allowance
$150
Housing costs
$8,232 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $297,000
25-yr amortization

Income needed

$253,000

gross annual household income

Payment at 4%
$6,249 / mo
Cash down
$297,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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