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New4 days ago

B40440 Shore Road

Rural Brock, Brock

$569,000

Detached|Bungalow-Raised
3 | 1 | 6
About this home

Thorah Island Retreat 81 Acres of Private Waterfront on Lake Simcoe. Escape to your own secluded paradise with this exceptional island retreat, located just a short 10-minute boat ride (approx. 3 miles) from Beaverton Harbour on beautiful Lake Simcoe. This rare offering features a pristine, private setting with a mix of mature forest, scenic walking trails, and over 200 feet of clean, weed-free rocky shoreline perfect for swimming, kayaking, and relaxing by the water. The charming cottage boasts an open-concept kitchen, dining, and living area filled with natural light, skylights, a center island, and large picture windows offering panoramic lake views. A wood-burning fireplace and newer wood stove provide warmth and comfort for cozy evenings. Note cottage is insulated for 4 seasons. Step outside onto the expansive wrap-around deck to fully enjoy the peace and beauty of island living. Detached 1.5-car garage, steel roofing on both cottage and garage (installed May 2022), Shoreline fire pit for unforgettable nights under the stars. A truly unique opportunity to own a private waterfront sanctuary just a short distance from the mainland. Enrolled in a transferable Forestry Management Program for added value. Note: This property is accessible by boat only, and dock is not currently installed.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$2,928
Lot Size201.17 ft x 2024 ft
mls© NumberN13628552
Listed ByRE/MAX COUNTRY LAKES REALTY 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%
$2,912
Property tax
$244
Heat allowance
$150
Housing costs
$3,306 / mo

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

Down payment20% · $113,800
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,394 / mo
Cash down
$113,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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