Homula Realty Brokerage
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Lot 14 Fralicks Beach Road, Scugog, ON L9L 1B6

< 700 sq ft · Vacant Land
$574,990
Property tax
$2,387 / year

Rare opportunity to build your dream home or the perfect weekend retreat on a stunning, level lot located on one of the most sought-after lakeside streets on Scugog Island. Spanning over half an acre, this exceptional property is nestled within an established community of upscale homes, offering both privacy and prestige. Enjoy breathtaking western sunset views over the lake, while taking in the peaceful sights and sounds of the natural surroundings to the east. Whether you envision a luxurious year-round residence or a serene getaway, this property provides the ideal setting to create something truly special. All development charges have been paid.(Education Levies to be paid by Buyer). This lot is READY TO BUILD! **High-speed Internet, Cable, Natural Gas, Hydro are all available**.

MLS number
E13765164
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L9L 1B6
Photos
18
2days · 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

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

Work out the numbers

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

$114,998 · minimum here is $32,499
$2,545.93per month
Borrowed before insurance$459,992
Total borrowed$459,992
Interest over 25 years at 4.5%$303,787

If you rented it out

-$2,744.85per month out of pocket
Rent$0.00
Everything it costs to hold$2,744.85
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 YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS IN. Listing data provided by the Toronto Regional Real Estate Board.