Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

3151 County Rd 2, Otonabee-South Monaghan, ON K0L 2G0

Vacant Land
$285,000
Property tax
$213 / year

One acre building lot located on West side of Keene, close to Elementary schools, Rice Lake, Indian River, Golf courses and community center. Natural gas, fibre optic and hydro on road frontage. Entrance to lot is paved with culvert installed. Drilled well on property.

MLS number
X13113314
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0L 2G0
Photos
8
Laundry
Not in the unit
124days · 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.

Work out the numbers

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

$57,000 · minimum here is $14,250
$1,261.92per month
Borrowed before insurance$228,000
Total borrowed$228,000
Interest over 25 years at 4.5%$150,576

If you rented it out

-$1,279.67per month out of pocket
Rent$0.00
Everything it costs to hold$1,279.67
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 CENTURY 21 UNITED REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.