Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

40 Paxton Lane, Whitewater Region, ON K0J 1K0

2 beds · 2 baths · 1 kitchen · 5 rooms · 3 parking spaces · 1100-1500 sq ft · Laundry on the main level level · Att/Row/Townhouse
$399,999

Welcome to 40 Paxton Lane, located within Champlain Village in Cobden Ontario. This 1,203 square foot duplex sits on a large treed lot and offers a bright and spacious layout with 9 foot ceilings and an open concept kitchen and living area. The home has upgraded trim throughout. Samsung appliances in the Kitchen, upgraded cabinets and granite countertops. The primary bedroom has a wall of closet space and a 3 piece ensuite, the 2nd bedroom has a closet and large window overlooking the rear yard. The garage provides easy access into the mudroom.This is a generous sized duplex with 1,203 sq feet total space. The 1 car built-in garage and 2 car parking in driveway provide 3 parking spots. This land lease community is open year round, monthly land lease is $590.

MLS number
X12895978
Type
Att/Row/Townhouse
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
K0J 1K0
Photos
1
Laundry
Main Level level
179days · 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$319,999
Total borrowed$319,999
Interest over 25 years at 4.5%$211,333

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 SIGNATURE REALTY. Listing data provided by the Toronto Regional Real Estate Board.