Homula Realty Brokerage
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PT LT 13 Conc 4 Road, Zorra, ON N5C 1M1

< 700 sq ft · Farm
$550,000
Property tax
$285 / year

Great opportunity to purchase a 4.95 acre lot on the edge of Ingersoll! This parcel is located on a quiet side road and presents many unique benefits.There is ample space to build your dream home with a large garden, pool and outbuildings here. This is an amazing opportunity to have an expansive property close to town! The best part, is that it's all within walking distance to town, where you can access all the amenities Ingersoll has to offer.Currently this acreage is setup with two fenced in paddocks with large mature trees. The east paddock has a solar panel.Come see this excellent spot to live and play in Zorra Township while, and enjoy the lovely town of Ingersoll. The unique opportunity to have a 5 acre property so close to town creates possibilities a normal lot couldn't have!

MLS number
X13418526
Type
Farm
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N5C 1M1
Photos
31
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

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.

$110,000 · minimum here is $30,000
$2,435.28per month
Borrowed before insurance$440,000
Total borrowed$440,000
Interest over 25 years at 4.5%$290,584

If you rented it out

-$2,459.03per month out of pocket
Rent$0.00
Everything it costs to hold$2,459.03
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 CENTRE CITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.