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Listed 18 days ago

2356 Lakeshore Drive

Brechin, Ramara

$699,900

Detached|Bungalow
2 | 1 | 4
About this home

Escape to the shores of beautiful Lake Simcoe with this charming 3-season waterfront cottage offering spectacular western exposure and unforgettable sunsets. Set on an impressive 75' x 204' lot with approximately 75 feet of pristine shoreline (as per GeoWarehouse), this cozy 2-bedroom retreat features a picturesque stone and rocky waterfront, perfect for swimming, relaxing, and enjoying everything lake life has to offer. A separate sauna building adds to the property's appeal, creating the ideal setting to unwind after a day on the water. Whether you're looking for a peaceful family getaway or a chance to make this waterfront property your own, this is an exceptional opportunity in a highly desirable location. Minutes to surrounding towns/amenities and an easy commute to the GTA. Property is being sold in "As Is, Where Is" condition. Woodstove in the cottage is not currently WETT certified.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$3,886
Lot Size75 ft x 204 ft
mls© NumberS13578500
Listed ByRE/MAX ALL-STARS 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%
$3,582
Property tax
$324
Heat allowance
$150
Housing costs
$4,056 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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