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$649,900
Available - For Sale
Listing ID: N12112042
Charming Lake Simcoe Cottage in Sought-After McRae Beach Nestled along the tranquil shores of Lake Simcoe, this beautifully maintained 3-bedroom, 2-bathroom cottage in McRae Beach offers the perfect blend of comfort, charm, and lakeside living. Whether you're looking for a peaceful weekend retreat, a year-round getaway, or a smart investment opportunity, this property delivers. Enjoy sun-filled hot summer days by the water, taking in panoramic lake views, swimming, boating, or simply relaxing on the patio with your morning coffee. As the sun sets, gather with your friends and family around the campfire to share stories under the stars, a true cottage experience. Inside, the home features an open-concept living and dining area, antique oak plank floors, updated finishes, and large windows that showcase the stunning natural surroundings. With room for the whole family and a warm, inviting ambiance, this cottage is ready for your next chapter. This property also presents strong potential as a short-term rental or Airbnb, offering a great opportunity to generate income when not in personal use. Located just over an hour from the GTA and close to local marinas, parks, and amenities, it's an ideal escape with excellent accessibility.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $44,950 $89,900 $134,850 $179,800
First Mortgage $854,050 $809,100 $764,150 $719,200
CMHC/GE $23,486.38 $16,182 $13,372.63 $0
Total Financing $877,536.38 $825,282 $777,522.63 $719,200
Monthly P&I $3,758.42 $3,534.62 $3,330.07 $3,080.28
Expenses $0 $0 $0 $0
Total Payment $3,758.42 $3,534.62 $3,330.07 $3,080.28
Income Required $140,940.76 $132,548.21 $124,877.59 $115,510.42

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL HERITAGE REALTY LTD.

77 Blue Heron Driv , Georgina, L0E 1N0, York

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: York
Municipality: Georgina
Neighbourhood: Virginia
Style: Bungalow
Lot Size: x 172.45(Feet)
Approximate Age:
Tax: $2,383
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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