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10 1st Ave south Avenue S, Native Leased Lands, ON N0H 2G0

3 beds · 1 bath · 1 kitchen · 6 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$279,000

This beautiful three-bedroom cottage is located just across the road from Lake Huron, where you can wake up listening to the sound of the waves. Located at 10 1st Avenue, it is just steps from the beach and a very short walk to the water. The well-cared-for property features three bedrooms, one bathroom, a kitchen, a living room, and a large 12' x 32' deck offering plenty of room to entertain. All you need to do is move in and start enjoying the summer. Additionally, both the septic system and Sandpoint well were replaced in 2023. Roof is 12 years old. Water heater had the element replaced last year. The lease for this cottage is $5,800 a year, plus $1,300 in service fees.

MLS number
X13623822
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
N0H 2G0
Photos
41
42days · this listing
42days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Amabel-Sauble Community School
Bluewater DSB
Elementary1.5 km7.7 / 10
77% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 436 people.

$69,500Median household income
91.7%Own their home
95.2%Detached houses
61.2Median age
5.6%Born outside Canada
9.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410247 — the few blocks around this address, home to 436 people. It describes the area, not this property.

436Population
53.7Average age
2Household size
$109,000Average household income
$69,500Median household income
92%Own their home
8%Rent
0%Condominiums
6%Born outside Canada
10%University degree
$536,000Average home value
12%Low income
88%Not in the labour force
15%Never married
$15,000 to $19,9992%
$20,000 to $24,9996%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9999%
$70,000 to $79,9992%
$80,000 to $89,9998%
$90,000 to $99,9996%
$100,000 and over23%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9994%
$200,000 and over6%

Percentages are of the 265 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.

$55,800 · minimum here is $13,950
$1,235.35per month
Borrowed before insurance$223,200
Total borrowed$223,200
Interest over 25 years at 4.5%$147,405

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$770.35per month out of pocket
Rent$465.00
Everything it costs to hold$1,235.35
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 RCR Realty. Listing data provided by the Toronto Regional Real Estate Board.