Homula Realty Brokerage
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Lot 7 Hillcroft Drive, Beckwith, ON K7C 3P2

< 700 sq ft · Vacant Land
$400,000

Welcome to Hillcroft Estates...this exceptional and brand new rural estate subdivision features 8 gorgeous building lots with views of Mississippi Lake is the perfect spot if you are looking to build your future dream home and have it surrounded by similarly styled and designed homes with a location that offers you the advantage of living in a small neighbourhood setting but with the privacy of acreage!! Situated ONLY 13 MINUTES from highly sought after and picturesque town of Carleton Place w/small quaint shops and dining to large big box stores including large Independent Grocer, Home Depot,Canadian Tire, Wal-Mart,numerous schools, and a wide variety of amenities! The lots range in size from 1.5 - 3.5 acres and situated along a quiet street with cul-de-sac at the end. Some covenants include Bungalows designs only with a minimum build restriction of 2000 sq ft, 3 + car garage,stone,stucco,brick,wood exterior finishes only, no vinyl siding permitted. All plans must be approved by developer which will ensure a harmonious balance and visually aesthetic appeal of homes throughout the streetscape and ensure that the value of your home is ensured!! Bell Fibe and community mailbox will be available in this subdivision. Buyers must have their Realtor present when walking the property. Prices include HST.

MLS number
X12835040
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K7C 3P2
Photos
12
Laundry
Not in the unit
196days · 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.

$80,000 · minimum here is $20,000
$1,771.11per month
Borrowed before insurance$320,000
Total borrowed$320,000
Interest over 25 years at 4.5%$211,334

If you rented it out

-$1,771.11per month out of pocket
Rent$0.00
Everything it costs to hold$1,771.11
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 REALTY. Listing data provided by the Toronto Regional Real Estate Board.