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Investment signal

$180,000

LOT 2 MATTAGAMI HILL

Save this home

Beds

3

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Rustic Waterfront Retreat on Mattagami Lake, A Hidden Gem near Gogama! Escape to tranquility with this charming as is 3-bedroom, 2-bathroom, 2-storey cottage nestled along the serene shores of Mattagami Lake. Set on a quiet, traffic-free stretch of waterfront, this rustic retreat offers the perfect blend of natural beauty, privacy, and off-grid living. Enjoy stunning lake views from your doorstep and the unique character of a cottage that embraces a simpler lifestyle. The property features a tracking solar panel, diesel generator, and gravity-fed water system making it ideal for those seeking a more sustainable, self-sufficient way of life. In addition to the main cottage, there are three outbuildings, including two sheds with potential to be transformed into guest cottages. A fantastic opportunity for growth and added value. There's room to expand or renovate to suit your vision, whether you're dreaming of a family compound, rental income, or a year-round escape. Don't miss this opportunity to own a slice of northern paradise with untapped potential and unbeatable peace and quiet! (id:65958)

Subtype
Single Family
Structure
House
Lot dimensions
194 x 396.1 FT
Bedrooms
3 above grade
Parking
0 total
Stories
2
Fireplace
1
On market
Dec 11, 2025
Status changed
Apr 24, 2026
Annual tax
$307.5
Photos
20
MLS#
X12627742
Area
SUDBURY_REMOTE_AREA

Features and systems

Parking

No Garage

Basement

Crawl space

Heating

Other

Cooling

None

Exterior

Wood

Foundation

Unknown

Lot

Country residential

View

Unobstructed Water View

Waterfront

Waterfront on lake

Utilities

SewerElectricityCable
Positive cash flow ~$1,163/mo at these assumptions

Cash on cash

38.76%

Cap rate

12.62%

GRM

6.3

Break-even rent

$1,176

Financing

Down payment$36,000
Loan amount$144,000
Mortgage$730/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$83
Insurance$80
Maintenance$150
CapEx reserve$75
Vacancy loss$120

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 $730/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 24, 2026.

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