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PT LT6&7 CON5 Fournier Township, Cochrane, ON P0L 1C0

3 beds · 1 bath · 1 kitchen · 5 rooms · 10 parking spaces · 700-1100 sq ft · Rural Residential
$449,900
Property tax
$1,706 / year

Escape to over 75 acres of beautiful Northern Ontario wilderness with nearly 3,600 feet of frontage along the Frederickhouse River. This stunning stretch sits on the acclaimed Neelands Rapids, locally known as Hoppers Landing, offering some of the best fishing in the region and an abundance of wildlife right at your doorstep. The property features a cozy 3-bedroom, 1-bathroom south-facing home with approximately 890 square feet of living space. The partially finished basement includes a newly installed wood stove for efficient heating, an additional room, and plenty of storage. The outbuildings include a large 44x32 insulated garage with a newer roof installed in 2020 and a second insulated garage built in 2014 that is 24x28 with 12 feet high ceilings. Enjoy endless outdoor recreation from ATVing and snowmobiling to fishing, hunting, and simply soaking in the peaceful privacy. Whether you are looking for a year-round residence, a recreational retreat, or an investment in a rare riverfront parcel, this property provides unparalleled opportunity.

MLS number
T13228004
Type
Rural Residential
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0L 1C0
Photos
32
Laundry
Not in the unit
103days · 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.

$89,980 · minimum here is $22,495
$1,992.06per month
Borrowed before insurance$359,920
Total borrowed$359,920
Interest over 25 years at 4.5%$237,698

If you rented it out

-$2,134.23per month out of pocket
Rent$0.00
Everything it costs to hold$2,134.23
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 ZIEMINSKI REAL ESTATE INC. Listing data provided by the Toronto Regional Real Estate Board.