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Investment signal

$529,999

146 THANET LAKE ROAD

Save this home

Beds

3

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Wollaston. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

YOUR PRIVATE 55-ACRE WATERFRONT COMPOUND & HOMESTEAD AWAITS! * Just imagine owning a sprawling 55-acre wilderness estate offering total privacy, 500+ feet of water frontage, and unmatched outdoor potential. Located just 25 minutes from Bancroft and only two hours from the GTA, this unique property is a ready-made family compound, a Maple Syrup production facility, a hunter's sanctuary, or the ultimate off-grid homestead with on and off water activities. *--- THE PRIMARY RESIDENCE ---A fully winterized, open-concept 3-bedroom home.Large, picturesque windows framing serene views of Thanet Lake.Powered by a 200-foot drilled well (with UV treatment), full septic, and a gas backup generator for ultimate peace of mind.High-speed Starlink Satellite internet included-perfect for remote work. *--- GROWTH & EQUITY POTENTIAL (MULTI-DWELLING) ---Dwelling 2: A 2-bedroom mobile home with its own hydro meter and separate access. Ideal as a guest house, a project to build instant equity, or a potential rental asset.Dwellings 3 & 4: A 28-foot trailer with a 3-piece bath, plus an additional trailer for ample storage or future conversion. *--- THE HOMESTEAD & LIFESTYLE FEATURES ---Infrastructure built for self-sufficiency: greenhouse, workshop, storage sheds, and a sprawling maple forest with full equipment for syrup production included!Semi-private canoe access to the pristine waters of Thanet Lake for premier fishing and kayaking.Massive value inclusions: tin boat, paddle boat, all appliances, and all existing firewood.Unmatched accessibility with four separate access points to the lot and a triple-wide driveway fitting 10+ vehicles. * Whether you are looking to build a sustainable lifestyle, house-hack a multi-family compound, or secure a legacy recreational asset, this estate delivers. Book your private showing today before the spring rush begins! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
Mobile Home
Community
Wollaston
Condition
Insulation upgraded
Lot dimensions
1722 x 1071 FT
Bedrooms
3 above grade
Parking
10 total
Stories
1
Fireplace
1
On market
Mar 2, 2026
Status changed
Apr 23, 2026
Annual tax
$1,361.05
Zoning
SR
Photos
31
MLS#
X12831952
Area
WOLLASTON

Features and systems

Parking

Detached GarageGarage

Basement

None

Appliances

AllWater TreatmentWindow CoveringsWater Heater

Heating

Other

Exterior

Vinyl siding

Foundation

BlockPoured Concrete

Lot

Irregular lot sizeGuest Suite

Community

Fishing

View

View of waterDirect Water View

Waterfront

Waterfront on lake

Utilities

SewerElectricityCableWirelessElectricity Connected
Negative cash flow ~$616/mo at these assumptions

Cash on cash

-6.98%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,299

Financing

Down payment$106,000
Loan amount$423,999
Mortgage$2,148/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$243
Insurance$80
Maintenance$442
CapEx reserve$221
Vacancy loss$133

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,148/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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