Homula Realty Brokerage
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0 Pickerel River, Parry Sound Remote Area, ON P0G 1J0

3 beds · 1 bath · 1 kitchen · 6 rooms · 700-1100 sq ft · Detached
$399,000
Property tax
$617 / year

PICKEREL RIVER WATERFRONT COTTAGE. Get started in the cottage market with this rustic retreat. Approximately 800 sq ft with 3 bedrooms, combination Kitchen/Dining and a large living room overlooking the water. Perched right on the shore, the property has southern exposure with breathtaking vistas and offers miles of boating and exceptional fishing right off your dock. Very private location surrounded by Crown land on all sides and no neighbours. 263 feet of clean, deep, shoreline with a 10' x 20' dry boathouse for plenty of storage and potential to convert to additional living space. 10' x 10' screened in sunroom leads to a large deck and just steps from the dock. Located in an unorganized Township with no permits required for structures, or restrictions on short term rentals. Accessed by boat, and only 5 minutes from the Marina

MLS number
X13466812
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0G 1J0
Photos
22
Laundry
Not in the unit
85days · 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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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.

$79,800 · minimum here is $19,950
$1,766.69per month
Borrowed before insurance$319,200
Total borrowed$319,200
Interest over 25 years at 4.5%$210,806

If you rented it out

-$1,818.10per month out of pocket
Rent$0.00
Everything it costs to hold$1,818.10
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 Parry Sound Muskoka Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.