Homula Realty Brokerage
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493 Buttermilk Lane, Marmora and Lake, ON K0K 2M0

1 bed · 1 bath · 1 kitchen · 3 rooms · 2 parking spaces · < 700 sq ft · Detached
$375,000
Property tax
$2,506 / year

Wilderness Getaway - Privacy, Peace & Exceptional Fishing. Just minutes north of the village, this private solar-powered cabin sits amount mature trees on a quiet, pristine lake, offering comfort, tranquility and outdoor adventure. Fish from your dock, explore by boat, or relax on the deck with your morning coffee while taking in the surrounding natural beauty. Renowned for excellent fishing and crystal-clear water, Twin Sisters Lakes are perfect for swimming, paddling, and making lasting family memories. The fully equipped off-grid cabin includes a main-floor primary bedroom and a loft for additional sleeping space, providing extra room for family and guests. For those seeking privacy, peace and quiet, and a true connection to nature, this hidden gem offers an authentic northern cottage experience with the convenience of nearby amenities.

MLS number
X13229124
Type
Detached
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
K0K 2M0
Photos
31
Laundry
Not in the unit
102days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 815 people.

$68,000Median household income
93%Own their home
98.6%Detached houses
58.4Median age
10.3%Born outside Canada
10.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120253 — the few blocks around this address, home to 815 people. It describes the area, not this property.

815Population
51.7Average age
2.2Household size
$81,200Average household income
$68,000Median household income
93%Own their home
7%Rent
0%Condominiums
10%Born outside Canada
10%University degree
$514,000Average home value
15%Low income
20%Never married
Under $5,0002%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9995%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9999%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9993%
$100,000 and over21%
$100,000 to $124,99910%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over2%

Percentages are of the 470 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$75,000 · minimum here is $18,750
$1,660.42per month
Borrowed before insurance$300,000
Total borrowed$300,000
Interest over 25 years at 4.5%$198,126

If you rented it out

-$1,869.25per month out of pocket
Rent$0.00
Everything it costs to hold$1,869.25
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal Lepage Proalliance Realty. Listing data provided by the Toronto Regional Real Estate Board.