Homula Realty Brokerage
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Lot 72-81 Plan 20A, Melancthon, ON L9V 1S1

Land
$373,800

Any reasonable offer will be considered ! 2.6 acre vacant lot - 10 separate pins - each lot could be sold individually -Reg'd Plan20A - see attachments for more info. located 10 mins north of Shelburne. there are no approvals in place the price is negotiable, Try your offer _ great opportunity to get a great deal - Also great place to build multi generation homes on one property. there is no municipal address. Google search 82 Argyle st Melancthon..(not for sale) this land is next door

MLS number
X12723924
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L9V 1S1
Photos
4
Property tax
$1 / year
233days · 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.

$74,760 · minimum here is $18,690
$1,655.11per month
Borrowed before insurance$299,040
Total borrowed$299,040
Interest over 25 years at 4.5%$197,492

If you rented it out

-$1,655.19per month out of pocket
Rent$0.00
Everything it costs to hold$1,655.19
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 HOMELIFE/MIRACLE REALTY LTD. Listing data provided by the Toronto Regional Real Estate Board.