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.

00 Iron Mine Road, Lanark Highlands, ON K0G 1K0

Vacant Land
$480,000
Property tax
$167 / year

Discover 90 acres of pure Canadian wilderness along the stunning Mississippi River! This is a rare opportunity to own a private waterfront escape where nature, recreation, and future potential come together. With approximately 200 feet of river frontage and multiple possible building sites, this breathtaking property offers the perfect canvas for your dream home, family retreat, or long-term investment. Surrounded by mature forest and an abundance of maple trees, the landscape transforms beautifully through every season. Vibrant fall colours create a spectacular autumn backdrop, while spring brings flowing water and fresh greenery, summers invite endless days of kayaking, canoeing, and fishing, and winter turns the property into a peaceful snow-covered retreat perfect for exploring and unwinding in nature. Located along a quiet non-motorized section of the river, you can enjoy the sounds of birdsong, rustling leaves, and flowing water without the disturbance of motorboats. The heavily wooded acreage offers exceptional privacy, incredible wildlife watching, and the exciting possibility of creating your own maple syrup operation.The property has been responsibly logged under an established forest management plan, offering the option to continue participation and benefit from approximately 75% reduced property taxes. Hydro is conveniently nearby, with two hydro poles on the property to help simplify future development plans.With potential severance opportunities (buyer to verify with municipality), this unique parcel offers outstanding flexibility for personal use, recreational enjoyment, investment potential, or even multi-generational living. Whether you envision peaceful weekends by the water or building a legacy property for years to come, this is a truly special piece of waterfront wilderness waiting to be explored.

MLS number
X13212804
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0G 1K0
Photos
26
106days · 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.

Work out the numbers

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

$96,000 · minimum here is $24,000
$2,125.34per month
Borrowed before insurance$384,000
Total borrowed$384,000
Interest over 25 years at 4.5%$253,601

If you rented it out

-$2,139.25per month out of pocket
Rent$0.00
Everything it costs to hold$2,139.25
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 EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.