Homula Realty Brokerage
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0 LAKEVIEW Drive E, Ryerson, ON P0A 1C0

Vacant Land
$99,900
Property tax
$285 / year

1- acre vacant residential building lot in Ryerson Township, minutes from Burk's Falls, Highway 11 and Lake Cecebe. Offering approximately 200+ feet of road frontage, this treed property provides privacy while allowing flexibility for future development. Hydro is available across the road. Situated on year round municipally maintained road the lot offers reliable four-season access. Approximately 10 minutes to Burk's Falls and Highway 11 and about 5 minutes to the Lake Cecebe boat launch. An opportunity to build in the Almaguin Highlands with convenient access to local amenities and nearby recreational lakes.

MLS number
X12820012
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1C0
Photos
10
199days · this listing
495days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

495 days on the market across 2 listings
This listing shows 199 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

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 home 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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$19,980 · minimum here is $4,995
$442.34per month
Borrowed before insurance$79,920
Total borrowed$79,920
Interest over 25 years at 4.5%$52,781

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.

-$299.09per month out of pocket
Rent$167.00
Everything it costs to hold$466.09
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 Royal LePage Team Advantage Realty. Listing data provided by the Toronto Regional Real Estate Board.