Homula Realty Brokerage
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833 Hamilton Lake Road, Machar, ON P0A 1X0

Vacant Land
$139,900
Property tax
$382 / year

Discover this pristine 25-acre parcel featuring 332 feet of frontage on a well-maintained seasonal road. The land is elevated, dry, and beautifully treed with mature hardwoods ideal for a maple syrup operation or cutting your own firewood. A laneway is already in place, leading to a potential building site complete with an outhouse, offering a great head start for your future plans. Conveniently located just 600 metres from a year-round road, the property also has hydro available at the lot line. Several lakes and a 12 hole golf course are nearby, while the village of South River is only 11 km from the property, offering access to shopping, dining, and essential services. Outdoor enthusiasts will appreciate direct access to snowmobiling and ATV trails, and fresh moose tracks on the land hint at the abundant local wildlife. Don't miss this rare opportunity to own a beautiful piece of the Almaguin Highlands, perfect for a private retreat, recreational getaway or future development.

MLS number
X12416864
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1X0
Photos
12
Laundry
Not in the unit
358days · 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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 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.

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 405 people.

$68,000Median household income
94.9%Own their home
97.2%Detached houses
56.8Median age
2.2%Born outside Canada
7.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490162 — the few blocks around this address, home to 405 people. It describes the area, not this property.

405Population
50.3Average age
2.2Household size
$83,000Average household income
$68,000Median household income
95%Own their home
5%Rent
0%Condominiums
2%Born outside Canada
8%University degree
$320,000Average home value
17%Low income
85%Not in the labour force
21%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9997%
$40,000 to $44,9995%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9999%
$70,000 to $79,9999%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over23%
$100,000 to $124,99911%
$125,000 to $149,9997%
$150,000 to $199,9992%
$200,000 and over2%

Percentages are of the 220 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.

$27,980 · minimum here is $6,995
$619.45per month
Borrowed before insurance$111,920
Total borrowed$111,920
Interest over 25 years at 4.5%$73,914

If you rented it out

-$651.28per month out of pocket
Rent$0.00
Everything it costs to hold$651.28
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 Coldwell Banker Thompson Real Estate. Listing data provided by the Toronto Regional Real Estate Board.