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.

37 MacPherson Drive, East Ferris, ON P0H 1K0

1 parking space · Vacant Land
$189,500
Property tax
$540 / year

Location, location! Build your dream home with the builder of your choice. This well located 3.1 acre building lot with mixed bush abuts nearly 40 acres of greenspace! Located in beautiful East Ferris only 10 min to North Bay and a short drive to Trout Lakes MacPherson Park and public boat launch as well as area trails. This is an ideal location for any family configuration. Culvert and driveway entrance in place.

MLS number
X12979268
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0H 1K0
Photos
8
Laundry
Not in the unit
157days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 740 people.

$132,000Median household income
95.1%Own their home
98.3%Detached houses
52Median age
4%Born outside Canada
31.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35480207 — the few blocks around this address, home to 740 people. It describes the area, not this property.

740Population
46.4Average age
2.5Household size
$139,000Average household income
$132,000Median household income
95%Own their home
5%Rent
0%Condominiums
4%Born outside Canada
31%University degree
$680,000Average home value
5%Low income
57%Not in the labour force
18%Never married
$20,000 to $24,9991%
$35,000 to $39,9992%
$40,000 to $44,9992%
$60,000 to $69,9992%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over41%
$100,000 to $124,9997%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over15%

Percentages are of the 480 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.

$37,900 · minimum here is $9,475
$839.06per month
Borrowed before insurance$151,600
Total borrowed$151,600
Interest over 25 years at 4.5%$100,119

If you rented it out

-$884.06per month out of pocket
Rent$0.00
Everything it costs to hold$884.06
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 Century 21 Blue Sky Region Realty Inc., Brokerage. Listing data provided by the Toronto Regional Real Estate Board.