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Lt 16&17 Nippissing Ridge Road, Tiny, ON L9M 0T8

Vacant Land
$999,900
Property tax
$1,502 / year

Welcome to Cedar Ridge Estates, an exclusive community of exceptional homes near Georgian Bay. This generous 4-acre escarpment property - created from two adjoining lots - offers a rare opportunity to design your custom residence, set within private woodlands that provide a peaceful escape from everyday life. Surrounded by mature hardwood trees on this ridge, you can capture sweeping views of Georgian Bay, where a western exposure promises unforgettable sunsets over Christian Island, with Beckwith and Hope Islands within view. Whether you envision a year-round residence or a seasonal retreat, this property provides the perfect canvas. The setting offers endless opportunities to enjoy the outdoors, from peaceful walks among the trees to days spent exploring the bay. It's a lifestyle that blends tranquility with recreation, right at your doorstep. While tucked away in a natural setting, the property is just a short drive to the local shops of the hamlet of Lafontaine, and to the amenities & entertainment of Midland and Penetanguishene. Barrie is only 60 minutes away and the GTA just 90 minutes. This is a unique opportunity to own property in a truly remarkable setting, in one of this area's most sought-after communities. Build your custom dream home or retreat on this double lot in the prestigious Cedar Ridge Estates.

MLS number
S12414310
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L9M 0T8
Photos
23
358days · this listing
358days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

$199,980 · minimum here is $74,990
$4,427.34per month
Borrowed before insurance$799,920
Total borrowed$799,920
Interest over 25 years at 4.5%$528,282

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,885.51per month out of pocket
Rent$1,667.00
Everything it costs to hold$4,552.51
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 Royal LePage In Touch Realty. Listing data provided by the Toronto Regional Real Estate Board.