Homula Realty Brokerage
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4677 Petworth Road, Frontenac, ON K0H 1V0

Vacant Land
$249,000
Property tax
$933 / year

Build your countryside retreat on this beautiful 4 acre property featuring 500 ft of road frontage and mature trees lining the perimeter for added privacy making the perfect canvas for your dream home. The property features a level open clearing offering several choice building locations awaiting your vision. This well drained lot comes with a drilled well producing 8 G.P.M. and a survey on file (2016) ensuring a smooth start to your building process. Ideally located just a short drive from Kingston, offering the perfect balance of peaceful country living and city convenience.

MLS number
X12994620
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0H 1V0
Photos
8
Laundry
Not in the unit
152days · 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.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 679 people.

$108,000Median household income
95.2%Own their home
100%Detached houses
39.6Median age
2.5%Born outside Canada
12.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120384 — the few blocks around this address, home to 679 people. It describes the area, not this property.

679Population
38.4Average age
2.9Household size
$132,000Average household income
$108,000Median household income
95%Own their home
5%Rent
0%Condominiums
3%Born outside Canada
12%University degree
$488,000Average home value
4%Low income
28%Not in the labour force
21%Never married
$40,000 to $44,9992%
$50,000 to $59,9993%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9993%
$100,000 and over37%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99912%
$200,000 and over8%

Percentages are of the 325 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.

$49,800 · minimum here is $12,450
$1,102.52per month
Borrowed before insurance$199,200
Total borrowed$199,200
Interest over 25 years at 4.5%$131,555

If you rented it out

-$1,180.27per month out of pocket
Rent$0.00
Everything it costs to hold$1,180.27
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 RE/MAX FINEST REALTY INC., BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.