Homula Realty Brokerage
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7500 Springhill Road, Greely - Metcalfe - Osgoode - Vernon and Area, ON K0A 2P0

Vacant Land
$559,900
Property tax
$1,337 / year

Unlock the incredible potential of this premium 10-acre parcel combining pristine countryside with elite urban connectivity. Located minutes from the historic village of Metcalfe, enjoy immediate access to local schools, shops, and the Metcalfe Golf Club, while maintaining an effortless 30-minute commute to downtown Ottawa via Bank St/Hwy 31 or the Hwy 416 corridor. This flat, partially cleared, and highly accessible acreage offers the ultimate canvas to build your custom dream home. Bring your blueprints and design an expansive estate with room for a multi-car garage, backyard pool oasis, and a detached workshop. The property features high-visibility road frontage with hydro infrastructure running directly past the lot line, ensuring a cost-efficient utility connection for your future build. Beyond an estate home, the flexible acreage opens endless lifestyle and investment possibilities. Establish a private hobby farm with equestrian facilities, launch an organic cash crop, or create a self-sustaining homestead. Positioned perfectly in Ottawa's rapidly expanding south-end rural market, this property also represents a strategic, high-growth land-banking asset. Buyers must conduct their own due diligence to verify zoning and permitted uses. Capitalize on the rising demand for rural acreage and secure this premier piece of Ottawa real estate today!

MLS number
X13528928
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0A 2P0
Photos
8
Laundry
Not in the unit
70days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

$124,000Median household income
89.5%Own their home
100%Detached houses
52.8Median age
20.4%Born outside Canada
24.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35061460 — the few blocks around this address, home to 623 people. It describes the area, not this property.

623Population
49Average age
2.7Household size
$127,000Average household income
$124,000Median household income
90%Own their home
11%Rent
0%Condominiums
20%Born outside Canada
24%University degree
$670,000Average home value
4%Low income
53%Not in the labour force
18%Never married
$30,000 to $34,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over39%
$100,000 to $124,9998%
$125,000 to $149,9997%
$150,000 to $199,99913%
$200,000 and over11%

Percentages are of the 305 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.

$111,980 · minimum here is $30,990
$2,479.12per month
Borrowed before insurance$447,920
Total borrowed$447,920
Interest over 25 years at 4.5%$295,815

If you rented it out

-$2,590.53per month out of pocket
Rent$0.00
Everything it costs to hold$2,590.53
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 ROYAL LEPAGE INTEGRITY REALTY. Listing data provided by the Toronto Regional Real Estate Board.