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PCL5610 N/A, Mattice-Val Cote, ON P0L 1T0

Vacant Land
$85,000
Property tax
$215 / year

Great opportunity to become an owner of this beautiful 75-acre lot, located in Eilber Township which is within the town limits of Mattice. Create your own hunt camp or seasonal dwelling to enjoy everything Northern Ontario has to offer.This Rural property fronts on a road allowance which is currently part of the snowmobile trail maintained by the local club, The Mattice Snow Devils.You can build your recreational summer cottage or seasonal recreational residence. Grow some vegetables, fish on the Missinaibi River and then do fall hunting when hunting season opens up.You can eat what you grow in your garden without having to worry about pesticides, growth hormones or any of that deadly junk.Outdoor enthusiasts have everything they could hope for in Mattice - Val Côté. From endless adventures on the Missinaibi River, thousands of acres of crown land to hunt and explore on, and some of the best snowmobile trails Ontario has to offer.Eilber Township is an ORGANIZED Township within the boundary of TOWNSHIP OF MATTICE-VAL CÔTÉ. The southern portion of the property has a creek flowing through it from east to west.This section is zoned OS1 (Open Space (OS1) Zone). You can't build any structures within this area.The creek flows west through the property and empties into the Missinaibi River.The mature timber was harvested in the late 90's.Since then, the property has essentially been untouched. fSURFACE RIGHTS, MINERAL RIGHTS, TREE RIGHTS COME WITH THIS PROPERTY

MLS number
T12649194
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0L 1T0
Photos
6
Laundry
Not in the unit
264days · 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.

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

Work out the numbers

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

$17,000 · minimum here is $4,250
$376.36per month
Borrowed before insurance$68,000
Total borrowed$68,000
Interest over 25 years at 4.5%$44,908

If you rented it out

-$394.28per month out of pocket
Rent$0.00
Everything it costs to hold$394.28
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 HOMELIFE OPTIMUM REALTY. Listing data provided by the Toronto Regional Real Estate Board.