Homula Realty Brokerage
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Lot 11 Catfish Lake Road, Wawa, ON P0S 1K0

Vacant Land
$129,900
Property tax
$1,860 / year

Visit the REALTOR website for further information about this listing. Discover the beauty and tranquility of this private 0.8-acre freehold waterfront retreat, nestled on the serene shores of Catfish Lake. With only 15 cottages on the entire lake, this is the perfect escape for those seeking peace, privacy, and nature. Enjoy abundant wildlife, excellent fishing, and approximately 155 feet of pristine water frontage. Additional features include: A 750 sq ft cabin shell and 2 storage sheds, one with hydro. A small building by the water, ideal for storing your boating and fishing gear. Brand new Starlink equipment included, ready for setup - offering excellent internet service at the property New water line, providing water intake from lake. This is a rare opportunity to own a piece of secluded waterfront paradise, with the essentials already in place and ready for your finishing touches.

MLS number
X13447428
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0S 1K0
Photos
6
88days · this listing
88days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

$25,980 · minimum here is $6,495
$575.17per month
Borrowed before insurance$103,920
Total borrowed$103,920
Interest over 25 years at 4.5%$68,631

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$513.17per month out of pocket
Rent$217.00
Everything it costs to hold$730.17
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 EASY LIST REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.