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Price Change$299,000

40590 Shore Rd Allowance Road

Rural Brock, Brock

$269,000

Detached|2-Storey
2 | 1 | 2
About this home

Welcome to 40590 Shore Road Allowance on Thorah Island (Lake Simcoe). This is a Rare waterfront opportunity on pristine Lake Simcoe! Discover the ultimate island escape just 90 minutes from Toronto. Situated on the shores of Lake Simcoe, this property features some of the clearest, Fresh Lake waters in Southern Ontario-a true paradise for swimming, fishing, and boating enthusiasts. Attention handy buyers, construction enthusiasts, and designers: this property is your ultimate Lake Simcoe canvas. Offering a solidly built home with excellent structural bones and a premium metal roof already in place, the heavy lifting is done. Bring your vision, and your personal design touches to transform this rock-solid structure into a bespoke, lifelong family Gem. Enjoy unparalleled privacy on Thorah Island while remaining just a short boat ride away from all mainland amenities. Don't miss the chance to create your own custom masterpiece on the breathtaking waters of Lake Simcoe. Schedule your private island viewing today!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,076
Lot Size101.41 ft x 190.01 ft
mls© NumberN13416352
Listed ByLPT REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,377
Property tax
$173
Heat allowance
$150
Housing costs
$1,700 / mo

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

Down payment20% · $53,800
25-yr amortization

Income needed

$52,000

gross annual household income

Payment at 4%
$1,132 / mo
Cash down
$53,800

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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