Homula Realty Brokerage
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1968 Rosemount Road, Tay, ON L0K 2C0

< 700 sq ft · Vacant Land
$374,777
Property tax
$1,354 / year

Dreaming of building your perfect home? This 100' x 320' lot offers the ideal opportunity to make it a reality! Centrally located between Barrie, Orillia, and Midland, this prime piece of land provides the best of both convenience and serenity. Just minutes from Highway 400 and all essential amenities, it's the perfect location for those seeking a peaceful retreat with easy access to everything. With an older home, garage, and septic system already in place, you'll save on development costs and have a head start on your building journey. Imagine crafting your custom home in this fantastic location, surrounded by nature yet close to major hubs. All information regarding the property and development is to be confirmed with the local township office, but this is your chance to build the home you've always wanted. Don't miss out this lot is priced to sell and ready for your vision!

MLS number
S13208880
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L0K 2C0
Photos
13
108days · 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 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 452 people.

$99,000Median household income
97.1%Own their home
100%Detached houses
48.4Median age
6.4%Born outside Canada
9.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35430614 — the few blocks around this address, home to 452 people. It describes the area, not this property.

452Population
45.1Average age
2.7Household size
$134,000Average household income
$99,000Median household income
97%Own their home
3%Rent
0%Condominiums
6%Born outside Canada
10%University degree
$780,000Average home value
9%Low income
59%Not in the labour force
20%Never married
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over35%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 240 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.

$74,955 · minimum here is $18,739
$1,705.90per month
Borrowed before insurance$299,822
Default insurance premium, added to the loan$8,395
Total borrowed$308,217
Interest over 25 years at 4.5%$203,552

If you rented it out

-$1,818.73per month out of pocket
Rent$0.00
Everything it costs to hold$1,818.73
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 Georgian Bay Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.