Homula Realty Brokerage
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0- P1 Highway 518 W, McMurrich/Monteith, ON P0A 1Y0

Vacant Land
$245,000

Presenting an exceptional opportunity to own approximately 31.986 Acres of private, untouched, forested land. Accessible from a year-round municipally maintained road this outdoor lovers paradise is the perfect place to immerse yourself into nature, and be surrounded by wildlife. The area provides the perfect backdrop for a number of recreational activities; from hiking, hunting, fishing, and boating to ATV riding, and snowmobiling. Conveniently located, this property is near both Doe and Bear Lake, and the Seguin and OFSC Snowmobile/ ATV Trail Systems. With It's proximity to the nearby towns of Huntsville (30 min) and Burks Falls (20 min) the location offers the perfect balance of seclusion and convenience for those seeking an escape from the hustle and bustle of city life. Whether you are seeking privacy, an outdoor playground, or a valuable investment, this property offers unlimited potential. Zoned RU, this property offers a wide range of possibilities. This property has recently undergone severance, R-Plan is Registered, updated address, pin, legal description to be confirmed prior to closing. In addition, a neighbouring 39.147 Acre Lot (approx.) which, the above lot was recently severed from is also available for purchase. This neighbouring lot has an uninsulated cabin, well, and driveway.

MLS number
X12664392
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1Y0
Photos
4
Laundry
Not in the unit
252days · 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.

$49,000 · minimum here is $12,250
$1,084.81per month
Borrowed before insurance$196,000
Total borrowed$196,000
Interest over 25 years at 4.5%$129,442

If you rented it out

-$1,084.81per month out of pocket
Rent$0.00
Everything it costs to hold$1,084.81
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 Sotheby's International Realty Canada. Listing data provided by the Toronto Regional Real Estate Board.