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$1,125,000
Blue Mountains · Ontario N0H 2P0
154 days on market
Welcome to the 4-seasons lifestyle at the Cottages of Lora Bay. Perfectly situated on a low-maintenance lot with an integrated irrigation system and no grass to cut, this impeccably maintained 2-bedroom, 2.5-bathroom home offers effortless premium living. It is one of only a small handful of properties in the community that backs directly onto pristine green space, tranquil ponds, the Lora Bay private beach, and the shores of Georgian Bay. Enjoy easy, direct access to the Lora Bay walking trails…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $174KPrice reduction
MLS shows the seller reduced the asking price by $174,000 (from $1,299,000 to $1,125,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: Royal LePage Locations North
Source: TRREB/PROPTX · MLS® X13160128
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~2,125 ft² · ON avg ~$82/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $51,215 | $4,268/mo |
| Government & taxes | ||
| Property tax | $5,154 | $430/mo |
| Land transfer tax(closing) | $18,975 | $1,581/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $982 | $82/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $11,250 | $938/mo |
| Condo fees | ||
| Condo / HOA fees | $2,400 | $200/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $99,736 | $8,311/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.