Homula Realty Brokerage
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0 Piquette Road, West Nipissing, ON P0H 2M0

Vacant Land
$60,000
Property tax
$189 / year

Escape to the quiet of Northern Ontario countryside and build the home you've been dreaming of. This 2.785-acre property with an impressive 793 feet of frontage on Piquette Road offers space, privacy, and beautiful rural surroundings in a peaceful farm country setting. The lot features a natural backdrop of rock and mature trees, with a potential building location that would enjoy southern exposure and open views across neighbouring farm fields. A driveway and partial clearing are already in place, providing a great starting point for future plans while still allowing flexibility in the design and placement of your home. A septic system for a 3-bedroom home was installed with final completion inspection dated November 10, 2022, and septic documents and survey are available. Hydro is available at the property. The property is zoned Rural and located on municipally maintained Piquette Road with year-round access.Situated just outside Verner, this property offers the charm of country living while remaining only 20 minutes from Sturgeon Falls, where you'll find shopping, dining, and a hospital. The area is served by four school boards, offering a range of educational options.Whether you're planning a country home, a peaceful retreat, or simply looking for space to enjoy rural living, this property offers a wonderful opportunity to create something truly your own.Please note: Trailer on property is not included.

MLS number
X12863718
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0H 2M0
Photos
19
Laundry
Not in the unit
187days · 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.

Work out the numbers

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

$12,000 · minimum here is $3,000
$265.67per month
Borrowed before insurance$48,000
Total borrowed$48,000
Interest over 25 years at 4.5%$31,700

If you rented it out

-$281.42per month out of pocket
Rent$0.00
Everything it costs to hold$281.42
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 Coldwell Banker Thompson Real Estate. Listing data provided by the Toronto Regional Real Estate Board.