Homula Realty Brokerage
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0 Clear Lake Road, Muskoka Lakes, ON P0C 1M0

Vacant Land
$1,495,000
Property tax
$1,834 / year

Privacy like this is getting hard to find in the popular 'playground' corner of Muskoka! This fabulous building lot features 36 AC of well treed land with approx. 1364 feet of mixed waterfrontage and is easily accessible the year round. It offers mixed terrain, wonderful southwest/west and northwest exposures providing ample sunshine throughout the day as well as some evening sunsets across beautiful Gullwing Lake. Additionally, there is excellent privacy and the possibility of some walking trails. Being located near the Dark Sky Preserve, an abundance of undeveloped privately owned lands as well as Crown Lands provides the ability to gaze at the stars and view the abundant wildlife found in the area. Further down the road is the Devil's Gap Trail for hiking/mountain biking and snowmobile trail access for some outdoor recreation. Gullwing Lake joins Echo Lake and offers good fishing and exploration by canoe, kayak, boat. During the winter months one can enjoy x-country skiing, snowshoeing and snowmobiling in the area. This truly is a special offering! Development charges will apply.

MLS number
X13104070
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0C 1M0
Photos
30
Laundry
Not in the unit
129days · 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 746 people.

$81,000Median household income
85.1%Own their home
96%Detached houses
59.6Median age
12.3%Born outside Canada
23.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440223 — the few blocks around this address, home to 746 people. It describes the area, not this property.

746Population
53.9Average age
2Household size
$97,200Average household income
$81,000Median household income
85%Own their home
15%Rent
0%Condominiums
12%Born outside Canada
23%University degree
$810,000Average home value
13%Low income
71%Not in the labour force
18%Never married
Under $5,0003%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9994%
$200,000 and over9%

Percentages are of the 500 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.

$299,000 · minimum here is $124,500
$6,619.54per month
Borrowed before insurance$1,196,000
Total borrowed$1,196,000
Interest over 25 years at 4.5%$789,861

If you rented it out

-$6,772.37per month out of pocket
Rent$0.00
Everything it costs to hold$6,772.37
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 Forest Hill Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.