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9179 Racetrack Road, Hamilton Township, ON K9A 4J9

Vacant Land
$549,900
Property tax
$1,646 / year

Build Your Dream Home On This Breathtaking 5-Acre Hilltop, Ready-To-Build, Parcel Of Land In The Rolling Hills Of Northumberland County... Surrounded By Stunning Custom Homes, And Only 10 Minutes To Cobourg And The 401. Set Atop A Gentle Ridge With Sweeping Countryside Views, This Exceptional Piece Of Vacant Land Offers The Rare Combination Of Privacy & Natural Beauty. A Substantial Investment Has Already Been Made, Including A 250 Ft Drilled Well And Gravel Driveway Leading Toward The Property's Ideal Building Location On The Crest Of The Hill. Surrounded By Rolling Fields, Mature Trees Including A Stunning Oak Tree, And Endless Skies, You'll Enjoy Peaceful Rural Living While Remaining Conveniently Close To Everyday Amenities. Zoned Marginal Agriculture (MA), The Property Offers The Opportunity To Build A Custom Detached Home While Providing Flexibility For A Variety Of Rural Lifestyle Pursuits, Making It Ideal For Those Seeking Space, Privacy, And Room To Create Their Own Vision. Located Just Minutes From The Shops, Restaurants, Schools, Healthcare Services, And Amenities Of Cobourg, With Quick Access To Highway 401 For Commuters.Spend Your Mornings Watching The Sunrise Over The Countryside, Your Evenings Enjoying Spectacular Sunsets From Your Future Back Deck, And Your Days Immersed In The Quiet Beauty That Only A Property Like This Can Provide. Whether You're Dreaming Of A Custom Estate, A Family Retreat, Or Simply A Place To Escape The Pace Of City Life, This Remarkable Parcel Offers An Opportunity To Build Something Truly Special In One Of Northumberland County's Most Scenic Settings.

MLS number
X13463200
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K9A 4J9
Photos
34
Laundry
Not in the unit
86days · 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.

$109,980 · minimum here is $29,990
$2,434.84per month
Borrowed before insurance$439,920
Total borrowed$439,920
Interest over 25 years at 4.5%$290,531

If you rented it out

-$2,572.00per month out of pocket
Rent$0.00
Everything it costs to hold$2,572.00
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 HALLMARK EASTERN REALTY. Listing data provided by the Toronto Regional Real Estate Board.