Homula Realty Brokerage
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00 Assumption Road, Otonabee-South Monaghan, ON K9J 6X7

Vacant Land
$264,900
Property tax
$392 / year

This 3/4 acre lot offers the perfect balance between rural serenity and city convenience, making it an ideal location to design and build your dream home. Situated just 2 minutes from the city's edge, this lot offers unparalleled access to both nature and city life. The close proximity to the Trans Canada Trail means endless opportunities for outdoor activities. Easy access to the 115 and Highway 7. The topography of this lot is perfectly suited for a walkout home plan. With natural gas and hydro available at the road, you'll have the modern conveniences necessary for comfortable living. Despite its proximity to the city, this lot is nestled in a quiet area surrounded by farmland both behind and beside. This is a rare find and provides the perfect canvas to bring your vision to life. Embrace the opportunity to build your dream home and enjoy a lifestyle that offers the best of both worlds.

MLS number
X13512332
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K9J 6X7
Photos
1
Laundry
Not in the unit
73days · 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 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 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.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Monsignor O'Donoghue Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary1.7 km6.4 / 10
64% met the standard
Otonabee Valley Public School
Kawartha Pine Ridge DSB
Elementary1.8 km4.7 / 10
47% met the standard
St. Patrick Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary2.0 km6.1 / 10
61% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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 474 people.

$70,000Median household income
76.5%Own their home
40.5%Detached houses
37.2Median age
9.8%Born outside Canada
12.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150326 — the few blocks around this address, home to 474 people. It describes the area, not this property.

474Population
38.4Average age
2.6Household size
$88,000Average household income
$70,000Median household income
77%Own their home
24%Rent
41%Condominiums
10%Born outside Canada
13%University degree
$390,000Average home value
12%Low income
54%Not in the labour force
32%Never married
$20,000 to $24,9994%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9997%
$60,000 to $69,99911%
$70,000 to $79,9997%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over24%
$100,000 to $124,99911%
$125,000 to $149,9997%
$150,000 to $199,9994%
$200,000 and over2%

Percentages are of the 225 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.

$52,980 · minimum here is $13,245
$1,172.92per month
Borrowed before insurance$211,920
Total borrowed$211,920
Interest over 25 years at 4.5%$139,956

If you rented it out

-$1,205.59per month out of pocket
Rent$0.00
Everything it costs to hold$1,205.59
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 Stoneguide Realty Limited. Listing data provided by the Toronto Regional Real Estate Board.