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.

Part 4 Prevost Road, French River, ON P0M 2N0

Vacant Land
$169,000

You Will Be Pleasantly Surprised - It's Absolutely Breathtaking! Have you been searching for the perfect investment opportunity? This could be it. Or perhaps you've been looking for a large, easily accessible piece of land to build your dream home? Maybe you are looking for a property you can hunt, explore or farm? Look no further! Welcome to this impressive 45-acre parcel of rural-zoned land, ideally located on a year-round, municipally maintained road in the Town of Noelville, with amenities conveniently close by. More? This exceptional property backs onto waterfront Crown land on Bear Lake, offering a rare combination of privacy, natural beauty, and recreational potential. Step into this wooded sanctuary and experience its serene charm, dramatic landscape, and rustic beauty. With approximately 666 feet of road frontage and an incredible depth of 2,681.79 feet, this is a substantial and highly desirable parcel where opportunity truly exists on many levels. Located in the welcoming French River Municipality, the area is known for its strong sense of community and endless outdoor recreation. From ATVing and hiking to snowmobiling, fishing, and boating, adventure is always within reach. Whether you choose to invest, build, or hold, this property presents outstanding potential. No more "could have" or "should have" - this is your chance. The possibilities are truly endless. Build your dream home, expand your real estate portfolio, or secure a peaceful retreat surrounded by nature. This is a property for those who recognize true value. Come discover where peace, privacy, and tranquility are abundant.

MLS number
X12940458
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0M 2N0
Photos
3
164days · this listing
164days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

$33,800 · minimum here is $8,450
$748.30per month
Borrowed before insurance$135,200
Total borrowed$135,200
Interest over 25 years at 4.5%$89,289

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$466.30per month out of pocket
Rent$282.00
Everything it costs to hold$748.30
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 Narozanski North Realty Inc. Listing data provided by the Toronto Regional Real Estate Board.