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96 Musky Bay, Georgian Bay, ON L0K 1S0

Vacant Land
$269,999
Property tax
$33 / year

Build your dream home or cottage on this 6.7-acre vacant lot near Georgian Bay.This Property has R1 and EP1 Zoning.Enjoy a peaceful natural setting with trees and quiet roads, while still being close to beaches, trails, marinas, campgrounds, parks, playgrounds, the library, golf club, Tim Hortons, the LCBO, and Highway 400.This property is a great opportunity to plan and build your own custom home or cottage in a beautiful area.

MLS number
X13115582
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L0K 1S0
Photos
1
Laundry
Not in the unit
125days · 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 1,155 people.

$92,000Median household income
94.3%Own their home
98.1%Detached houses
59.2Median age
11.9%Born outside Canada
24.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440275 — the few blocks around this address, home to 1,155 people. It describes the area, not this property.

1,155Population
53.4Average age
2.1Household size
$147,000Average household income
$92,000Median household income
94%Own their home
6%Rent
3%Condominiums
12%Born outside Canada
25%University degree
$988,000Average home value
11%Low income
100%Not in the labour force
18%Never married
Under $5,0001%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over30%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 790 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.

$54,000 · minimum here is $13,500
$1,195.50per month
Borrowed before insurance$215,999
Total borrowed$215,999
Interest over 25 years at 4.5%$142,650

If you rented it out

-$1,198.25per month out of pocket
Rent$0.00
Everything it costs to hold$1,198.25
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 SAVE MAX REAL ESTATE INC.. Listing data provided by the Toronto Regional Real Estate Board.