Homula Realty Brokerage
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2635 Mcmullen Road, Manotick - Kars - Rideau Twp and Area, ON K0G 1J0

Vacant Land
$424,900
Property tax
$1,595 / year

So many possibilities for this beautiful piece of land! Nearly 30 acres of privacy to build your dream home all while enjoying your own creek and ATV trails. If you're looking to mill trees, there are numerous spruce, poplar and cedar across the property. The lot is monitored with trail cams. Do not walk it without first having booked a showing.

MLS number
X12997734
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0G 1J0
Photos
16
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.

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.

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 799 people.

$123,000Median household income
89.5%Own their home
98.2%Detached houses
44Median age
5.8%Born outside Canada
27.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35061131 — the few blocks around this address, home to 799 people. It describes the area, not this property.

799Population
41.4Average age
2.8Household size
$136,000Average household income
$123,000Median household income
90%Own their home
11%Rent
0%Condominiums
6%Born outside Canada
27%University degree
$588,000Average home value
4%Low income
43%Not in the labour force
21%Never married
$20,000 to $24,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$45,000 to $49,9992%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over39%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,99911%
$200,000 and over12%

Percentages are of the 465 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.

$84,980 · minimum here is $21,245
$1,881.37per month
Borrowed before insurance$339,920
Total borrowed$339,920
Interest over 25 years at 4.5%$224,490

If you rented it out

-$2,014.28per month out of pocket
Rent$0.00
Everything it costs to hold$2,014.28
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 REAL BROKER ONTARIO LTD.. Listing data provided by the Toronto Regional Real Estate Board.