961 Foster Bay Lane, Leeds and the Thousand Islands

$499,900
961 Foster Bay Lane

$499,900

New
24d
DetachedBungaloft

961 Foster Bay Lane, Leeds and the Thousand Islands

Total Monthly Obligation $2,623

Beds
4
Baths
1
Park
8
Sqft
< 700
DOM
24d
Yield
6.0%
Cash on Cash
1.8%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-X13840536
Beds-4
Bathrooms-1
Size-< 700 sqft
Lot Size-43.54 × 179.25 ft
Listed on site-Sep 29, 2026
Style-Bungaloft
Building Type-Detached
Age-51-99
Taxes-$2,774 (2026)
Parking-8 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-BURT HUDSON REAL ESTATE LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Hardboard
Roof-Asphalt Shingle
Foundation-Piers
Sewer-Holding Tank
Possession-IMMEDIATE
Neighbourhood-824 - Rear of Leeds - Lansdowne Twp
Title-Residential Freehold

No agent assigned

Fully furnished 2 bedroom cottage with loft and bunkhouse on beautiful Charleston Lake! Move in condition - just pack your bathing suit and flip flops. Easily maintained property with gorgeous sunset views and your own private sand beach for the littles. Charleston Lake is renowned for lake trout, largemouth and smallmouth bass as well as northern pike. With over 154 km of shoreline and 133 islands, this Canadian Shield lake offers amazing boating with numerous inlets, coves and islands to explore by boat or kayak. Just 1.5 hours to Ottawa, 3 hours to Toronto and 2 hours to Montreal, Charleston Lake is centrally located near the Village of Athens, offering 3 restaurants, bank, pharmacy, post office, 2 bakeries and 2 grocery stores as well as the best stocked hardware store in the area. Charleston Lake Village offers 2 marinas, store, a restaurant as well as 2 public boat launches. Many recent updates include heat pump providing air conditioning and heating for spring and fall seasons, 3 pce bath, newer sewage system, wrap around deck as well as a spacious fire pit for evening guitar lessons and 'smores! If you're searching for the perfect cottage at an economical price, you won't find one better! Book your showing today.

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,623/mo
Mortgage $2,016
Monthly Loss $2,092
Principal$531
Interest$1,486
Property Tax$231
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 961 Foster Bay Lane

Time

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