Homula Realty Brokerage
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438 Shawanaga Lake, Whitestone, ON P0A 1G0

Vacant Land
$124,900
Property tax
$241 / year

0.4-Acre boat access vacant land with cabin for sale on sought after Shawanaga Lake. Located in a calm, sheltered bay this off grid property offers a peaceful setting surrounded by crystal clear waters and natural beauty. Just 20 minutes from Parry Sound enjoy easy access to amenities while still experiencing true cottage country living. The property features a single room cabin, outhouse and dock providing a simple back to nature retreat ideal for weekend getaways. Convenient access via the Beach Road boat launch makes getting to and from the property easy. A great opportunity to own affordable waterfront on Shawanaga Lake known for its excellent fishing, swimming and quiet surroundings. Enjoy everything this area has to offer from boating and paddling to exploring the nearby Parry Sound and Georgian Bay region.

MLS number
X12911564
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1G0
Photos
19
Laundry
Not in the unit
173days · 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.

Matched to a published address point for this address.

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 512 people.

$64,000Median household income
92.7%Own their home
62Median age
7%Born outside Canada
4.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490188 — the few blocks around this address, home to 512 people. It describes the area, not this property.

512Population
56.6Average age
2Household size
$77,000Average household income
$64,000Median household income
93%Own their home
7%Rent
0%Condominiums
7%Born outside Canada
4%University degree
$588,000Average home value
16%Low income
13%Never married
$5,000 to $9,9992%
$15,000 to $19,9992%
$20,000 to $24,9995%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9993%
$50,000 to $59,99912%
$60,000 to $69,9995%
$70,000 to $79,9998%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over20%
$100,000 to $124,99912%
$125,000 to $149,9993%
$150,000 to $199,9993%
$200,000 and over3%

Percentages are of the 300 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.

$24,980 · minimum here is $6,245
$553.03per month
Borrowed before insurance$99,920
Total borrowed$99,920
Interest over 25 years at 4.5%$65,989

If you rented it out

-$573.11per month out of pocket
Rent$0.00
Everything it costs to hold$573.11
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 Advantage Realty. Listing data provided by the Toronto Regional Real Estate Board.