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.

101 Primmer's Road, Kenora Remote Area, ON P0X 1H0

Vacant Land · 106 days on market
$350,000
Property tax
$3,462 / year

Longbow Lake Resort Inc. 5.48 acres with 340 feet of shoreline. The property is level and low profile; South exposure on Longbow Lake. Year-round road access; hydro; lake-drawn water and septic system are on-site. This is a share sale. The Corporation is the registered owner of the lands. There are currently six cottages/homes on site under lease agreement. These buildings are not owned by Longbow Lake Resort Inc. There is land area and septic capacity to build two cottages with two bedrooms each or one four bedroom cottage. Taxes $3462.00 Operation documents available to qualified Buyers with signed Confidentiality Agreement. 13% HST applies.

MLS number
X13250986
Type
Vacant Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
P0X 1H0
Photos
31
121days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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.

$70,000 · minimum here is $17,500
$1,549.72per month
Borrowed before insurance$280,000
Total borrowed$280,000
Interest over 25 years at 4.5%$184,917

If you rented it out

-$1,838.22per month out of pocket
Rent$0.00
Everything it costs to hold$1,838.22
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 FIRST CHOICE REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.