Homula Realty Brokerage
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4 & 9 Fire Route 66D Lane N, Trent Lakes, ON K0L 2J0

6 beds · 3 baths · 2 kitchens · 8 rooms · 6 parking spaces · 3000-3500 sq ft · Rural Residential
$1,287,000
Property tax
$5,155 / year

Discover two remarkable side-by-side lakefront properties, each spanning over half an acre, on the pristine south shores of Pigeon lake. Together, these lots offer expansive and unobstructed views to the west, north and east across the beautiful northeast Bay Area of the lake. Enjoy the deep weed-free water frontage, complete with a new dock and boat lift system - perfect for boating, swimming, and sunset views. A newly paved roadway provides easy access to both three-season cottage properties, complemented by a new stairwell leading down to the waterfront. Each cottage is serviced by its own septic holding tank, ensuring modern functionality and convenience. This unique package presents an extraordinary opportunity for families, investors, or builders to own or redevelop two prime lakefront lots on one of Pigeon Lake's most desirable stretches.

MLS number
X13106922
Type
Rural Residential
Status
Active
Bedrooms
6
Bathrooms
3
Postal code
K0L 2J0
Photos
38
Laundry
Not in the unit
128days · 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

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$257,400 · minimum here is $103,700
$5,698.56per month
Borrowed before insurance$1,029,600
Total borrowed$1,029,600
Interest over 25 years at 4.5%$679,967

If you rented it out

-$6,128.14per month out of pocket
Rent$0.00
Everything it costs to hold$6,128.14
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 TERREQUITY REALTY. Listing data provided by the Toronto Regional Real Estate Board.