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0 Lodge Lane PT Lot 13 Lane, Joly, ON P0A 1Z0

Vacant Land
$150,000
Property tax
$900 / year

WATERFRONT BUILDING LOT - Set along the shoreline of Forest Lake, this beautiful 0.764-acre waterfront lot offers 105ft of clean, east-facing frontage and the kind of setting that invites you to slow down and enjoy Northern Ontario lake life. Wake to stunning sunrises, calm waters and the quiet beauty of a truly private escape. Well treed and naturally sloped toward the lake, the property provides an ideal canvas for a thoughtfully designed home or cottage that captures the views. Hydro is available on the lot, and the sellers have already invested in building plans tailored to the property's topography. A previously approved septic permit application has since expired, offering future owners a valuable head start as they bring their vision to life. Accessed by a seasonal road and conveniently located near Sundridge and South River, this property offers both privacy and accessibility. Whether you're dreaming of a simple lakeside retreat or a custom-built getaway for generations to enjoy, this is a rare opportunity to own a special piece of Northern Ontario waterfront.

MLS number
X13150942
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1Z0
Photos
29
114days · this listing
114days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

$30,000 · minimum here is $7,500
$664.17per month
Borrowed before insurance$120,000
Total borrowed$120,000
Interest over 25 years at 4.5%$79,250

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.

-$489.17per month out of pocket
Rent$250.00
Everything it costs to hold$739.17
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 Team Advantage Realty. Listing data provided by the Toronto Regional Real Estate Board.