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293 Fire Route 73, Havelock-Belmont-Methuen, ON K0L 1Z0

4 beds · 1 bath · 1 kitchen · 5 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$599,999
Property tax
$2,106 / year

Leave the outside world behind at 293 Fire Route 73, a secluded three-season retreat on West Twin Lake, approximately two hours from the GTA. Set on approximately 1.17 wooded acres with about 135 feet of shoreline and Crown land adjoining the property, this updated, move-in-ready cottage combines true backcountry character with essential comforts. Inside are four bedrooms, one full bathroom, an updated kitchen, full electrical service, septic and flush toilet, hot and cold lake-intake plumbing, indoor shower and hot water, electric heat, and app-controlled Govee lighting. Starlink has been successfully tested; hardware is excluded. Enjoy southeast-facing sunrise views, clear water, a gradual sandy entry, a 20-foot floating dock, motorboat access, and swimming, paddling and fishing directly from shore. Explore West Twin Lake and connected Blue Lake, then return to the outdoor hardtop gazebo beneath the permanent exterior lighting. Loons, beavers and waterfowl are regularly seen and heard, while largemouth bass and other game fish have been observed. Long lake and forest views, very few neighbouring cottages and limited public access create an exceptional sense of quiet. Access is by a private, non-winter-maintained road; an SUV or pickup is recommended for the short rough final section. The cottage is not winterized, and the seasonal lake-water system requires closing. For buyers who value privacy, paddling, fishing, wildlife and backcountry exploration over pavement and crowds: remote by design, comfortable where it counts.

MLS number
X13747364
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
1
Postal code
K0L 1Z0
Photos
25
9days · this listing
9days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 947 people.

$84,000Median household income
91.4%Own their home
98.8%Detached houses
56Median age
6.8%Born outside Canada
14.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150231 — the few blocks around this address, home to 947 people. It describes the area, not this property.

947Population
50Average age
2.3Household size
$98,000Average household income
$84,000Median household income
91%Own their home
9%Rent
0%Condominiums
7%Born outside Canada
14%University degree
$618,000Average home value
15%Low income
19%Never married
$15,000 to $19,9993%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9996%
$100,000 and over27%
$100,000 to $124,9998%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 565 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.

$120,000 · minimum here is $35,000
$2,656.66per month
Borrowed before insurance$479,999
Total borrowed$479,999
Interest over 25 years at 4.5%$317,000

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.

-$1,832.16per month out of pocket
Rent$1,000.00
Everything it costs to hold$2,832.16
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 RE/MAX HALLMARK EASTERN REALTY. Listing data provided by the Toronto Regional Real Estate Board.