Homula Realty Brokerage
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3125 14th Line, Innisfil, ON L0L 1R0

Land
$8,999,000

236 acre, irregular shaped property - 2,300 linear ft direct frontage on Hwy 400 just south of Hwy 89 (Tanger Outlet Mall), Great Location for future development, short drive to Bradford utilizing Hwy 400 or arterial roads. Mix of forest, flat land and a creek running through it will make a nice property for investment for your future. Surrounded by many estate homes and properties. Entrance to property off 14th Line on north side of property. Property sold under of Power of Sale - as-is where-is - no representation or warranty

MLS number
N13682466
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L0L 1R0
Photos
7
Property tax
$8,206 / year
32days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

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

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 365 people.

$111,000Median household income
82.8%Own their home
100%Detached houses
51.6Median age
14.3%Born outside Canada
25.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190066 — the few blocks around this address, home to 365 people. It describes the area, not this property.

365Population
47.8Average age
2.6Household size
$144,000Average household income
$111,000Median household income
83%Own their home
17%Rent
0%Condominiums
14%Born outside Canada
25%University degree
$1,140,000Average home value
9%Low income
76%Not in the labour force
26%Never married
Under $5,0002%
$30,000 to $34,9992%
$40,000 to $44,9992%
$50,000 to $59,9992%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9992%
$90,000 to $99,9995%
$100,000 and over37%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,99912%
$200,000 and over12%

Percentages are of the 215 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.

$1,799,800 · minimum here is $1,799,800
$39,845.62per month
Borrowed before insurance$7,199,200
Total borrowed$7,199,200
Interest over 25 years at 4.5%$4,754,487

If you rented it out

-$40,529.46per month out of pocket
Rent$0.00
Everything it costs to hold$40,529.46
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 GET SOLD REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.