Homula Realty Brokerage
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440 Riding Ranch Road, Machar, ON P0A 1X0

Vacant Land
$127,000
Property tax
$260 / year

This 4.6-acre property offers a unique blend of natural beauty and convenience. With 342.48 feet of road frontage on a year-round paved municipal road, access is easy and reliable. The property extends approximately 600 feet deep, backing onto 100 acres of Crown land, providing ample space for exploration and outdoor activities.A nice-sized clearing with a BBQ pit makes it perfect for camping or as a starting point for your future building site. The location is highly desirable, being only 10 minutes away from South River for all your amenities and roughly 10 minutes to Highway 11 for easy commuting.The property features a beautiful rock wall about halfway in, adding a charming and unique touch to the landscape. The mixed forest includes mature trees and plenty of new growth, offering a serene and picturesque environment. Additionally, the property benefits from low taxes, only $260 for 2025.This is an ideal spot for those looking to enjoy nature while still being close to essential services and transportation routes.

MLS number
X12883732
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1X0
Photos
41
Laundry
Not in the unit
183days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 564 people.

$73,000Median household income
92.9%Own their home
94.6%Detached houses
60.8Median age
8.8%Born outside Canada
17.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490224 — the few blocks around this address, home to 564 people. It describes the area, not this property.

564Population
55.1Average age
2Household size
$86,000Average household income
$73,000Median household income
93%Own their home
7%Rent
0%Condominiums
9%Born outside Canada
17%University degree
$560,000Average home value
13%Low income
15%Never married
Under $5,0001%
$10,000 to $14,9991%
$20,000 to $24,9991%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9998%
$70,000 to $79,9998%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over24%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9997%
$200,000 and over4%

Percentages are of the 380 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.

$25,400 · minimum here is $6,350
$562.33per month
Borrowed before insurance$101,600
Total borrowed$101,600
Interest over 25 years at 4.5%$67,099

If you rented it out

-$584.00per month out of pocket
Rent$0.00
Everything it costs to hold$584.00
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.