Homula Realty Brokerage
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PT LT 1 Bell Drive, Northern Bruce Peninsula, ON N0H 1X0

Vacant Land
$149,900
Property tax
$276 / year

CLEARED, LEVELED vacant lot and ready to get started at building your dream home or cottage located on this year round maintained road, Bell Drive in the desirable community of Pike Bay!! Located on a quiet road just a 10 minute walk to Lake Huron and close proximity to Pike Bay's general store, LCBO and restaurant. Large yard for stargazing the clear skies on the Bruce Peninsula. The property to the south is for sale offering a great home or cottage and this vacant lot can be added as extra privacy.

MLS number
X12961896
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0H 1X0
Photos
4
Laundry
Not in the unit
161days · 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

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

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.

$29,980 · minimum here is $7,495
$663.72per month
Borrowed before insurance$119,920
Total borrowed$119,920
Interest over 25 years at 4.5%$79,197

If you rented it out

-$686.72per month out of pocket
Rent$0.00
Everything it costs to hold$686.72
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.