Homula Realty Brokerage
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11 Tucker Street, Newbury, ON N0L 1Z0

Land
$1

STRATEGIC DEVELOPMENT OPPORTUNITY WITH VTB - 69.755 ACRES IN NEWBURY. Positioned directly within a residential subdivision, this parcel is a premier candidate for land banking with yield or residential expansion. THE ADVANTAGE: Rare 44.48% municipal wastewater capacity confirmed by the Municipality. Full municipal services (Water, Sewer, and Natural Gas) at lot line. EXISTING: 6200 sq. ft. insulated industrial workshop with 16' ceilings and loading docks, providing immediate utility or rental income while you wait for development. Located within the Middlesex County Settlement Area boundary. Re-zoning and planning in the works with town/county. Secure one of the only available large parcels within a subdivision and municipal services with immediate potential.

MLS number
X12921974
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
N0L 1Z0
Photos
11
Property tax
$1,909 / year
171days · 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 440 people.

$73,000Median household income
71.8%Own their home
86.8%Detached houses
47.2Median age
11.8%Born outside Canada
0%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390835 — the few blocks around this address, home to 440 people. It describes the area, not this property.

440Population
43.9Average age
2.4Household size
$84,000Average household income
$73,000Median household income
72%Own their home
28%Rent
0%Condominiums
12%Born outside Canada
0%University degree
$312,000Average home value
12%Low income
63%Not in the labour force
25%Never married
$10,000 to $14,9992%
$20,000 to $24,9994%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9994%
$60,000 to $69,9997%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over24%
$100,000 to $124,99913%
$125,000 to $149,9992%
$150,000 to $199,9997%
$200,000 and over2%

Percentages are of the 230 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.

$0 · minimum here is $0
$0.01per month
Borrowed before insurance$1
Default insurance premium, added to the loan$0
Total borrowed$1
Interest over 25 years at 4.5%$1

If you rented it out

-$159.09per month out of pocket
Rent$0.00
Everything it costs to hold$159.09
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 EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.