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Part 2 Lot 37 Con 10 Baxter Loop Rd Road E, Georgian Bay, ON P0E 1E0

Vacant Land
$329,000

ONLY 2 Left...Newly created estate sized lots in Honey Harbour. Build your dream home or retirement cottage on a 3.4 acre lot on a year round municipal road. Approximately 30 min to Mount St. Louis Moonstone ski hills, 35 minutes to Midland, 40 minutes to Orillia and 45 minutes to Barrie. Marinas to Georgian Bay are just minutes away, giving you access to boating, fishing, water skiing and many other summer and winter activities. Snowmobile and ATV trails are just minutes away allowing you to enjoy other seasonal activities. Seller will build to suit if you would like to discuss building plans and ideas.

MLS number
X12701360
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0E 1E0
Photos
1
240days · this listing
240days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

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

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Honey Harbour Public School
Trillium Lakelands DSB
Elementary900 mNot reported

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 931 people.

$92,000Median household income
87.3%Own their home
79.3%Detached houses
59.2Median age
12.9%Born outside Canada
20%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440276 — the few blocks around this address, home to 931 people. It describes the area, not this property.

931Population
53.3Average age
2.1Household size
$117,200Average household income
$92,000Median household income
87%Own their home
13%Rent
10%Condominiums
13%Born outside Canada
20%University degree
$808,000Average home value
7%Low income
93%Not in the labour force
18%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over31%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over9%

Percentages are of the 630 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.

$65,800 · minimum here is $16,450
$1,456.74per month
Borrowed before insurance$263,200
Total borrowed$263,200
Interest over 25 years at 4.5%$173,822

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$908.74per month out of pocket
Rent$548.00
Everything it costs to hold$1,456.74
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 RE/MAX By The Bay Brokerage. Listing data provided by the Toronto Regional Real Estate Board.