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0 South Crane Lake Road, The Archipelago, ON P2A 0B7

Vacant Land
$399,000
Property tax
$1,492 / year

Build your dream cottage on this beautiful waterfront lot on South Crane Lake in The Archipelago. Offering 0.78 acres with an impressive 345 feet of east-facing frontage, you'll enjoy stunning sunrise views and plenty of natural light.The level terrain makes building easy, while the peaceful surroundings provide privacy and a true cottage-country feel. A great opportunity to create your own getaway in a sought-after area.

MLS number
X13012516
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P2A 0B7
Photos
17
Laundry
Not in the unit
150days · 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 979 people.

$83,000Median household income
92%Own their home
100%Detached houses
60.4Median age
9.5%Born outside Canada
22.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490210 — the few blocks around this address, home to 979 people. It describes the area, not this property.

979Population
55.1Average age
1.9Household size
$94,800Average household income
$83,000Median household income
92%Own their home
8%Rent
0%Condominiums
10%Born outside Canada
23%University degree
$772,000Average home value
10%Low income
97%Not in the labour force
15%Never married
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9996%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over28%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 675 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.

$79,800 · minimum here is $19,950
$1,766.69per month
Borrowed before insurance$319,200
Total borrowed$319,200
Interest over 25 years at 4.5%$210,806

If you rented it out

-$1,891.02per month out of pocket
Rent$0.00
Everything it costs to hold$1,891.02
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 Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty. Listing data provided by the Toronto Regional Real Estate Board.