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LOT #4 1 B494, The Archipelago, ON P0G 1G0

Vacant Land
$999,000

Discover a rare opportunity to own a private island property in the heart of Georgian Bay. Featuring a combination of sandy shoreline and deep water frontage, this exceptional parcel offers the perfect setting to build your dream cottage or family retreat. Surrounded by mature trees, rugged Canadian Shield landscape, and crystal clear waters, the property provides outstanding privacy and a true connection to nature. An additional opportunity exists to purchase Lot 1, one of four separately severed lots on the island, offering added flexibility and future potential. A remarkable waterfront offering in one of Ontario's most iconic recreational destinations.

MLS number
X13416618
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0G 1G0
Photos
4
Laundry
Not in the unit
96days · 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

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

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 648 people.

$95,000Median household income
100%Own their home
96.7%Detached houses
57.2Median age
8.4%Born outside Canada
24.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490231 — the few blocks around this address, home to 648 people. It describes the area, not this property.

648Population
51.3Average age
2.2Household size
$122,000Average household income
$95,000Median household income
100%Own their home
0%Rent
0%Condominiums
8%Born outside Canada
25%University degree
$645,000Average home value
9%Low income
88%Not in the labour force
13%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 430 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.

$199,800 · minimum here is $74,900
$4,423.36per month
Borrowed before insurance$799,200
Total borrowed$799,200
Interest over 25 years at 4.5%$527,807

If you rented it out

-$4,423.36per month out of pocket
Rent$0.00
Everything it costs to hold$4,423.36
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 Cayman Marshall International Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.