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146 THANET LAKE ROAD, Wollaston — listed at $499,888. Earn buyer cashback at closing. No catches, just more money in your pocket.
FREEHOLD 55-ACRE FAMILY COMPOUND & HOMESTEAD - THANET LAKE WATERFRONT with 500+ ft of water frontage. 55 acres of privacy. Two hours from the GTA. This is a rare, fully operational rural property offering multi-generational living, self-sufficient infrastructure, and exceptional recreational access - all in one established package. PRIMARY HOME: Fully winterized 3-bedroom open-concept residence. 3 sources of heating with Propane+Wood stove + Electric Mini-split. Updated kitchen and bath. High-speed Starlink internet. 200-ft drilled well with UV treatment. Full septic. SECOND DWELLING: Independent 2-bedroom mobile home with its own hydro meter and private road access which is not in use and a great value add with renovations/replacement required for future income or multi gen/ potential. ADDITIONAL STRUCTURES: 28-ft trailer with 3-piece bath. Large Quonset workshop/garage. Wood storage barn with substantial firewood supply. Greenhouse. Garden beds. Small storage sheds. LAND & WATER: Semi-private canoe/kayak launch to Thanet Lake. Maple forest with full syrup-production equipment included. Four separate lot access points. Triple-wide gravel driveway.SEVERANCE POTENTIAL: Municipality has indicated willingness to consider severance application - buyer to submit drawings and fees. Year-round municipal road access and year round living. BMO offers standard mortgages for Freehold Mobile Homes - this is NOT ON leased land. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Flat | 2.46 x 3.45 meters |
| Bedroom 2 | Flat | 2.24 x 2.52 meters |
| Bedroom 3 | Flat | 2.25 x 3.45 meters |
| Bathroom | Flat | 2.22 x 2.52 meters |
| Kitchen | Flat | 3.35 x 3.45 meters |
| Living room | Flat | 3.91 x 3.45 meters |
Is this a good starter home?+
At $499,888, this is priced in starter-home territory for Wollaston. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $1,361.05, heating is propane, other. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is propane, other. Ask for past utility bills to understand real heating costs.
How many fireplaces are there, and what type?+
This home has 1 fireplace. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
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