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New3 days ago

4266 Canal Road

Washago, Severn

$245,000

Detached|1 Storey/Apt
2 | 1 | 6
About this home

Escape to the water in this charming 2-bedroom, 1-bathroom cottage nestled on lease land in beautiful Washago. Enjoy direct waterfront on the Trent-Severn Waterway, offering the perfect setting for boating, fishing, swimming, and relaxing by the water. The cozy interior features warm wood finishes, vaulted ceilings, and large windows that fill the space with natural light while showcasing peaceful waterfront views. Outside, enjoy a spacious, beautifully maintained yard and expansive deck overlooking the water, ideal for morning coffee, summer gatherings, and unforgettable cottage days. A detached garage provides excellent space for storing your boat, cottage toys, and seasonal equipment. A wonderful opportunity to own an affordable waterfront getaway and enjoy everything cottage country has to offer! Current Parks Canada Land Lease amount is $11,854/year. Please note: This cottage is being sold strictly "as-is, where-is." It is a seasonal cottage with a maximum residency of 7 months per year and is not intended for year-round residential use. Short-term rentals and income-producing use are not permitted.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 Storey/Apt
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,279
Lot Size132 ft x 111 ft
mls© NumberS13700914
Listed BySIMCOE HILLS REAL ESTATE 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%
$1,254
Property tax
$190
Heat allowance
$150
Housing costs
$1,594 / mo

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

Down payment20% · $49,000
25-yr amortization

Income needed

$49,000

gross annual household income

Payment at 4%
$1,031 / mo
Cash down
$49,000

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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