Homula Realty Brokerage
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3 Woodland Walk, Southwold, ON N5P 3T2

4 beds · 3 baths · 1 kitchen · 10 rooms · 4 parking spaces · 2500-3000 sq ft · Laundry on the upper level level · Detached
$1,070,000

Currently being built by Millstone Homes in Talbotville Meadows. Great curb appeal with a stone porch and transitional elevation. The main floor offers a dedicated office. Kitchen with a pantry, ample custom cabinets and stone counters. A mudroom with plenty of storage and oversized European windows throughout. Upstairs Has 4 bedrooms and laundry. The primary bedroom offers a large ensuite and walk-in closet. Other lots and designs available. Projected closing February 2027. Listing price includes HST rebate.

MLS number
X13444044
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
N5P 3T2
Photos
2
Laundry
Upper Level level
91days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 700 people.

$148,000Median household income
97.7%Own their home
97.5%Detached houses
45.2Median age
7.7%Born outside Canada
29.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35340189 — the few blocks around this address, home to 700 people. It describes the area, not this property.

700Population
44.9Average age
3.1Household size
$168,000Average household income
$148,000Median household income
98%Own their home
2%Rent
0%Condominiums
8%Born outside Canada
29%University degree
$810,000Average home value
43%Not in the labour force
17%Never married
$50,000 to $59,9993%
$60,000 to $69,9993%
$80,000 to $89,9992%
$90,000 to $99,9993%
$100,000 and over45%
$100,000 to $124,9996%
$125,000 to $149,9999%
$150,000 to $199,99912%
$200,000 and over17%

Percentages are of the 325 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.

$214,000 · minimum here is $82,000
$4,737.73per month
Borrowed before insurance$856,000
Total borrowed$856,000
Interest over 25 years at 4.5%$565,319

If you rented it out

-$4,737.73per month out of pocket
Rent$0.00
Everything it costs to hold$4,737.73
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 SUTTON GROUP - SELECT REALTY. Listing data provided by the Toronto Regional Real Estate Board.