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Listed 14 days ago

4294 Canal Road

Washago, Severn

$375,000

Detached|Bungalow
3 | 2 | 8
About this home

Discover this fully renovated 3-season waterfront cottage, offering a large lot, beautiful water views, and ample parking. Enjoy boating and swimming from your private dock in the summer, or take advantage of snowmobile trails right at your doorstep in the winter-then relax by the cozy wood (pellet) stove . Located on the historic Trent Severn Waterway, you can cruise to Lake Simcoe, Georgian Bay, Lake Huron to the west, and Peterborough to Lake Ontario to the east. The cottage features a bright, updated interior with a walkout to a spacious deck overlooking the water, plus a large primary bedroom with ensuite. Close to Casino Rama, Orillia, and Graven Hurst, this retreat blends relaxation with convenience. Land Lease Fee/Taxes: $971 per month (Parks Canada).

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age0-5
Size700-1100 sq. ft.
Property Tax$1,473
Lot Size75 ft x 276 ft
mls© NumberS13658286
Listed ByRE/MAX COMMUNITY REALTY INC.

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%
$1,919
Property tax
$123
Heat allowance
$150
Housing costs
$2,192 / mo

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

Down payment20% · $75,000
25-yr amortization

Income needed

$67,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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