Gurvinder Nokwal REALTOR®
For Sale Detached 73 days on market

$399,000

Est. payment $1,767/moCalculate yours

7 Silver Point Road 9, Seguin, ON P2A 2W8

Seguin, Seguin, ON P2A 2W8

  • 2 Beds
  • 1 Baths
  • 700 Sq Ft
Map

Listing courtesy of Royal LePage Team Advantage Realty MLS® X13647424

About this home

INCOME-PRODUCING WATERFRONT OPPORTUNITY ON BEAUTIFUL SILVER LAKE. This cottage presents a different approach to recreational real estate-combining year-round personal enjoyment with proven income potential. Ownership is structured through the purchase of shares in the corporation that owns the resort. Rather than taking on the full cost and responsibility of a traditional standalone cottage, owners share many of the major expenses and maintenance obligations through the cooperative structure. For Buyers who understand alternative real estate ownership, this offers a practical, lower-maintenance way to participate in waterfront property. Built in 2013, the well-maintained 2-bedroom, 1-bathroom cottage is suitable for year-round use and has an established rental history. Current rental income is approximately $24,000 annually, representing an approximate 6% gross yield based on the $400,000 asking price, with rental demand extending beyond the summer season. Monthly maintenance fees are $800mth and cover many of the significant ongoing ownership expenses, including property taxes, insurance, internet, cable, waste removal, landscaping, water, septic maintenance and care of the resort grounds. Professional management further reduces the day-to-day responsibilities typically associated with cottage and short-term rental ownership. When you’re using the property yourself, the setting delivers everything you would expect, including a sandy shoreline, private dock, direct lake access, swimming, boating and four-season recreation. For an investor, entrepreneur or recreational-property buyer looking beyond the conventional cottage model, this is an opportunity to acquire an interest in an established waterfront resort community with a proven rental history, year-round income potential and significantly reduced maintenance responsibilities. ANNUAL INCOME | YEAR-ROUND USE | COOPERATIVE OWNERSHIP | PROFESSIONALLY MANAGED

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Approximate Age
51-99
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Other (Propane)
Cooling
Other
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
310 x 1020 Feet
Parking
None garage · 2 total
Zoning
RR

Financial

Property Taxes
$6,380 (2026)

Location

Neighbourhood
Seguin
Cross Street
Portage Lake Road
Direction Faces
South

Listing

MLS® Number
X13647424
Days on Market
73
Listed On
2026-08-06
Possession
Negotiable
Listed By
Royal LePage Team Advantage Realty

Rooms

Room Level Dimensions
Bedroom Main 9′ 9″ × 14′ 6″
Bathroom Main 7′ 4″ × 7′ 5″
Kitchen Main 8′ 1″ × 10′ 10″
Living Room Main 15′ 5″ × 12′ 6″
Dining Room Main 7′ 4″ × 10′ 10″
Primary Bedroom Main 11′ 7″ × 10′ 5″

Features

Interior

  • Primary Bedroom - Main Floor
  • Water Heater

Property

  • Beach
  • Lake Access
  • Park
  • Waterfront

Pool

  • None
Included
Buyer assumes any and all chattels that remain in the said property.
Excluded
Personal items.
Rental items
Propane tank

Mortgage calculator

Minimum for this price: $19,950 (5%)

Amortization, years

Estimated mortgage payment

$1,767 per month

Principal and interest
$1,767
Property tax
$532
Estimated monthly cost
$2,298

Your mortgage

Mortgage amount
$319,200
Mortgage insurance
Not needed
Interest over 25 years
$210,806

Cash to close

Down payment
$79,800
Land transfer tax
$4,460
Total, before legal fees
$84,260
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

7 Silver Point Road 9, Seguin, ON P2A 2W8 Seguin, Seguin, ON P2A 2W8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$399,000 7 Silver Point Road 9, Seguin, ON P2A 2W8
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