Homula Realty Brokerage
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935 Limberlost Road, Parry Sound Remote Area, ON P0H 2R0

3 beds · 1 bath · 1 kitchen · 7 rooms · 6 parking spaces · 700-1100 sq ft · Detached
$699,000
Property tax
$1,200 / year

Come check out this amazing refurbished 1.3 acre home in the beautiful unorganized community of Restoule. Located on the breathtaking Commanda Lake, this four season home comes with 233.76 feet of waterfrontage with year round road access. Addition and upgrades all newly done within the last 3 years, upgrades include a new metal roof, new flooring, new bathroom and fixtures, new custom kitchen with stunning level 3 granite kitchen counters. The new addition is an impressive living area over looking the lake with brand new bay windows and sun porches on each side of the living space with sliding doors. There is also an adorable bunkie on the property with a newly shingled roof and a sweet tiki bar with stools by the lake. The 20 foot inviting dock on the water was built in 2022. Nice flat driveway and property for easy accessibility to the home and immaculate view of the lake while still providing lots of privacy. Shoreline allowance is almost complete and is fully transferable to the new owner. Book your viewing today!

MLS number
X13524698
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0H 2R0
Photos
49
69days · 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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$139,800 · minimum here is $44,900
$3,095.02per month
Borrowed before insurance$559,200
Total borrowed$559,200
Interest over 25 years at 4.5%$369,306

If you rented it out

-$3,195.02per month out of pocket
Rent$0.00
Everything it costs to hold$3,195.02
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 Forest Hill Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.