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PT LT 2 Lakewood Lane, Grey Highlands, ON N0C 1H0

Vacant Land
$389,900
Property tax
$1,721 / year

There's something about waking up to the glistening water of a lakefront property that instantly makes you feel more relaxed. From quiet mornings with coffee in hand to evenings sitting on the dock watching the sun reflect across the water, lake life has a way of slowing everything down in the best possible way. Offering almost 3/4 of an acre with over 90 feet of south-facing waterfront on Irish Lake, this vacant waterfront lot is located on a quiet dead-end road surrounded by attractive neighbouring properties. One of a few remaining vacant waterfront lots left on Irish Lake, it offers a setting that feels peaceful, private, and naturally beautiful. Mature trees, varied landscape, and a high ridge running through the center of the property give the lot character and elevation, while the natural landscape to the east helps push the neighbouring property further away, creating additional privacy. Known for its quiet atmosphere, Irish Lake is the kind of place people come to slow down and enjoy the outdoors. Spend your days kayaking, paddleboarding, fishing, and taking in the natural beauty that makes Grey Highlands such a special place to be. Whether you're planning a year-round home or weekend getaway, this property offers the opportunity to build something that fits your vision from the start.

MLS number
X13162768
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0C 1H0
Photos
13
Laundry
Not in the unit
114days · 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

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.

$77,980 · minimum here is $19,495
$1,726.39per month
Borrowed before insurance$311,920
Total borrowed$311,920
Interest over 25 years at 4.5%$205,998

If you rented it out

-$1,869.81per month out of pocket
Rent$0.00
Everything it costs to hold$1,869.81
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 RE/MAX Summit Group Realty Brokerage. Listing data provided by the Toronto Regional Real Estate Board.