Sandfield 5 W3 - 3876 Muskoka Road 118 N/A W, Muskoka Lakes, ON

What the record states, and whose record it is

Every value below is a field on this record, formatted, and none of it is worked out by this sheet. Where a row is read off a record of its own, the row says whose.

Type

Other, 2-Storey

Bedrooms

3 (3 above grade, 0 below grade)

Bathrooms

4

Floor area

1,800 to 1,999 sqft, as a band

Year built

Age given only as "11-15"

Heating

Forced Air, Propane

Cooling

Central Air

Basement

Unfinished

Roof

Asphalt Shingle

Foundation

Concrete Block

Exterior

Wood , Cedar

Parking

2 spaces

Waterfront

Yes

Occupancy

Tenanted, you inherit the tenancy

Listed by

Chestnut Park Real Estate

Anything not listed above is not stated on this record. The two sections below name the silences that change a figure or a decision on these sheets.

What the record does not state, and what that costs

Property tax: not stated

No assessment with a tax bill on the record, so the property tax line below is a fraction of the asking price rather than this property's actual bill. That is a rule of thumb across the province and not this municipality's rate. Ask the listing brokerage for the current bill, and read the figure off it.

Year built: not stated

Age decides which of the wiring, plumbing, asbestos and roof questions on the second sheet apply. With no year on the record those inspections are on the list because the age is unknown, not because anything was found.

MLS number: not stated

Nothing to quote when you telephone about the property, and nothing to check this sheet against on the board.

What the record does not establish

Each sentence below is the inspection engine's own, unedited. An unresolved fact is not a finding either way: it is the reason an inspection is on the second sheet.

• Not established: no sewer line on the record, so septic cannot be ruled out
• Not established: no sewer line on the record
• Not established: no water source on the record, so a private well cannot be ruled out
• Not established: neither water nor sewage is recorded, so servicing is unknown
• Not established: no lot size on the record

What it costs a month to carry

With those in, the fuller monthly figure is $3,102, in a range of $2,649 to $3,555 depending on the lines that are bands rather than bills. The two totals are not a disagreement: the smaller one is what a lender counts and the larger one is what the house costs.

What these figures assume, and who chose it

What it costs to close

Ordered by when the money has to leave the account, because that is the only order a buyer can plan in. Every line names its own basis: a statutory tax is an exact figure, a typical range is not.

One-time costs: $9,465. Plus the down payment of $24,200, which is equity rather than a cost and is not in that total.

• No assessment record for Sandfield 5 W3 - 3876 Muskoka Road 118 N/A W, Muskoka Lakes, ON and no rate on file for its municipality, so the property tax line falls back to 0.70% of the price a year. That figure is a GTA rate. If this address is not in the GTA the line is likely to be low rather than imprecise, by a third or more.
• Sandfield 5 W3 - 3876 Muskoka Road 118 N/A W, Muskoka Lakes, ON fronts on water, and two costs of that are absent from the lines above rather than included in them. The first is the shore road allowance: on many Ontario waterfront parcels the original allowance along the shore was never closed and conveyed, so the strip between the surveyed lot and the water may belong to the municipality rather than to the house, and buying it out is a one-time legal, survey and municipal cost. Your lawyer's title search answers that one, and it is a question for the condition period rather than after it. The second is shoreline work: a dock or a crib is put in and taken out, a boathouse and a retaining wall are repaired on a cycle nobody schedules, and ice decides the cycle. We hold no sourced figure for either, so neither is estimated here.
• The one-time list excludes the down payment of $24,200, which is equity rather than a cost, and excludes the closing statement's cash cushion, because the maintenance set-aside above already holds one. Cash to close, with the down payment in it, is $35,480.
• Closing costs come to 7.8% of the price here, well above the 1.5% to 4% a buyer usually plans for. Read the itemization before you set your budget.

What needs inspecting, and by when

7 inspections are called for by this record, of which 2 are the set this sheet treats as not optional. Together those 2 come to $900 to $1,700, and the longest of them takes 14 days from booking to a report you can act on. No condition deadline was supplied, so nothing here carries a booking deadline and none of it should be read as saying there is time. The second sheet is the walk-through, in the order you will be standing in the rooms.

• This listing record does not establish everything: no sewer line on the record, so septic cannot be ruled out; no sewer line on the record; no water source on the record, so a private well cannot be ruled out; neither water nor sewage is recorded, so servicing is unknown; no lot size on the record. Anything below marked "Not established" rests on that gap, not on a finding, so it is not preselected and not in the total. Ask the listing agent, and treat what they say as unverified.
• No condition deadline given, so nothing here has a book-by date or a fit. The lead times below are the whole reason to enter one.