Homula Realty Brokerage
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996002 Mulmur/Tosorontio TL Road N, Mulmur, ON L0N 1R0

Land
$399,000

One of the only corner lots, cornering on 4 affluent townships Mulmur, Mono, Adjala and Tosorontio, zoned for both commercial and residential use in all of Dufferin and Simcoe County. Located in Rosemont, in the township of Mulmur, it presents a picturesque countryside setting with rolling hills and scenic landscapes. Conveniently situated near Alliston, and just north of newly proposed highway 413, Mansfield Ski Club, Orangeville, Hockley Valley, and Creemore Hills. Approximately 1 hour from the Greater Toronto Area (GTA), it provides prime highway 89 corner lot exposure for numerous business prospects while offering the convenience of working from home. Walk view property anytime with or without a realtor or an appointment.

MLS number
X11996070
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
L0N 1R0
Photos
4
Property tax
$1,920 / year
560days · 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

Where this address sits, matched against open government data.

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

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 560 people.

$122,000Median household income
100%Own their home
100%Detached houses
46.4Median age
14.3%Born outside Canada
25%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220150 — the few blocks around this address, home to 560 people. It describes the area, not this property.

560Population
43.2Average age
2.8Household size
$158,000Average household income
$122,000Median household income
100%Own their home
0%Rent
0%Condominiums
14%Born outside Canada
25%University degree
$1,240,000Average home value
6%Low income
54%Not in the labour force
25%Never married
Under $5,0002%
$30,000 to $34,9992%
$35,000 to $39,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9995%
$100,000 and over39%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over18%

Percentages are of the 305 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.

$79,800 · minimum here is $19,950
$1,766.69per month
Borrowed before insurance$319,200
Total borrowed$319,200
Interest over 25 years at 4.5%$210,806

If you rented it out

-$1,926.69per month out of pocket
Rent$0.00
Everything it costs to hold$1,926.69
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 REAL ESTATE HOMEWARD. Listing data provided by the Toronto Regional Real Estate Board.