Homula Realty Brokerage
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255505 9th Line, Amaranth, ON L0N 1S5

3 beds · 2 baths · 1 kitchen · 8 rooms · 30 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$1,499,000
Property tax
$3,220 / year

Great Opportunity To Own 52 + Acre Land With 2000 + sqft 3 Br Detached Bungalow. This Home Is Well Maintained. New Paint & electrical fixtures. Wind turbine generating about $ 12000.00/year. House ( upper portion)was rented for $ 2850.00 / month plus utilities and land can be rented for about $ 250.00 / acre / year. Can be good capital generating property for investors. Great Location for hunters, hobby farms, Close To Shelburne, Orangeville.

MLS number
X13462362
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
L0N 1S5
Photos
30
Laundry
Main Level level
90days · 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

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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 623 people.

$119,000Median household income
87.5%Own their home
100%Detached houses
41.6Median age
15.4%Born outside Canada
16.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220142 — the few blocks around this address, home to 623 people. It describes the area, not this property.

623Population
40Average age
3.2Household size
$123,000Average household income
$119,000Median household income
88%Own their home
13%Rent
0%Condominiums
15%Born outside Canada
17%University degree
$1,030,000Average home value
10%Low income
57%Not in the labour force
26%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$40,000 to $44,9992%
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over40%
$100,000 to $124,99912%
$125,000 to $149,99910%
$150,000 to $199,9998%
$200,000 and over12%

Percentages are of the 300 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.

$299,800 · minimum here is $124,900
$6,637.25per month
Borrowed before insurance$1,199,200
Total borrowed$1,199,200
Interest over 25 years at 4.5%$791,974

If you rented it out

-$6,905.58per month out of pocket
Rent$0.00
Everything it costs to hold$6,905.58
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 GOLD REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.