Homula Realty Brokerage
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324554 Mount Elgin Road, South-West Oxford, ON N0J 1N0

Vacant Land
$549,900
Property tax
$1,766 / year

Build your dream home on this beautiful 1.4-acre country lot in scenic Oxford County. Surrounded by peaceful farmland and mature trees, this rare rural property offers the perfect blend of privacy, space, and natural beauty. The lot also features a shop with a concrete floor, ideal for storage, hobbies, or workshop use while planning your future build. Whether you envision a custom family home or a quiet country retreat, the possibilities are endless. Here you can enjoy peaceful rural living while still being conveniently close to everything - located just minutes from Oxford Hills Golf Club featuring fine dining at KALOS Restaurant, the relaxing WAVE Nordic Spa, and easy access to Highway 401 for a simple commute. Rarely do properties like this become available - don't miss your chance to create the country lifestyle you've been dreaming of.

MLS number
X13136284
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0J 1N0
Photos
9
119days · this listing
412days · this property (3 listings)

This home has been listed 3 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

412 days on the market across 3 listings
This listing shows 119 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 582 people.

$82,000Median household income
80.6%Own their home
93.8%Detached houses
25.4Median age
10.9%Born outside Canada
5.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35320303 — the few blocks around this address, home to 582 people. It describes the area, not this property.

582Population
32.5Average age
3.6Household size
$98,000Average household income
$82,000Median household income
81%Own their home
19%Rent
0%Condominiums
11%Born outside Canada
6%University degree
$770,000Average home value
27%Low income
37%Not in the labour force
32%Never married
$10,000 to $14,9992%
$20,000 to $24,9992%
$35,000 to $39,9995%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over5%

Percentages are of the 205 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.

$109,980 · minimum here is $29,990
$2,434.84per month
Borrowed before insurance$439,920
Total borrowed$439,920
Interest over 25 years at 4.5%$290,531

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,665.00per month out of pocket
Rent$917.00
Everything it costs to hold$2,582.00
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 Gale Group Realty Brokerage Ltd. Listing data provided by the Toronto Regional Real Estate Board.