Homula Realty Brokerage
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14995 Regional 57 Road, Scugog, ON L0B 1B0

Commercial Retail
$879,000

Work from home - move in and get started! Charming and updated home located on almost 1 acre complete with 40' x 42' commercial auto garage presently used as family run auto repair business. ; Located at Reg Rd 57 and Hwy 7A in Blackstock; welcoming interior with kitchen with breakfast bar and walkout to porch; main floor laundry; wrap around deck with multiple walkouts from house; 2 bedrooms up with updated 4 pc bath with soaking tub and separate glass shower; Roof shingles 2016; Full height basement with concrete floor, electrical panel, windows 2019; woodstove and chimney renovated 2019. Commercial garage 2 service bays, 13' doors, separate office/reception area; 2 pc washroom; 220 volt in shop with natural gas heating and central air; upper storage loft; serviced with its own drilled well and sewage holding tank

MLS number
E13721270
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L0B 1B0
Photos
35
Property tax
$7,946 / year
16days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 501 people.

$103,000Median household income
94.7%Own their home
94.9%Detached houses
47.6Median age
3.2%Born outside Canada
20.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35180070 — the few blocks around this address, home to 501 people. It describes the area, not this property.

501Population
43.8Average age
2.6Household size
$132,000Average household income
$103,000Median household income
95%Own their home
5%Rent
0%Condominiums
3%Born outside Canada
21%University degree
$900,000Average home value
6%Low income
61%Not in the labour force
23%Never married
$30,000 to $34,9992%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9995%
$60,000 to $69,9992%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over36%
$100,000 to $124,9997%
$125,000 to $149,9994%
$150,000 to $199,9999%
$200,000 and over14%

Percentages are of the 280 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$175,800 · minimum here is $62,900
$3,892.02per month
Borrowed before insurance$703,200
Total borrowed$703,200
Interest over 25 years at 4.5%$464,407

If you rented it out

-$4,554.19per month out of pocket
Rent$0.00
Everything it costs to hold$4,554.19
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Re/Max All-Stars Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.