Homula Realty Brokerage
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75 Coral Street, Emo, ON P0W 1E0

2 beds · 1 bath · 1 kitchen · 5 rooms · Other · 42 days on market
$195,000
Property tax
$2,200 / year

New Listing. Welcome to this well-maintained 2016 modular home offering comfortable, low-maintenance living in a convenient location. Just under 1,000 sq. ft., this bright and functional home features 2 bedrooms, 1 full bathroom, and a thoughtfully designed open-concept layout that maximizes space and comfort. The home comes complete with all appliances, including a fridge, stove, built-in dishwasher, built-in microwave, washer and dryer, making it truly move-in ready. Step outside to enjoy the small deck and mature trees that provide welcome shade and privacy. Ideally located close to shopping, schools, parks, and other amenities, this property is an excellent opportunity for first-time home buyers, those looking to downsize, or investors seeking a great income property. Affordable, practical, and ready for its next owner! Property benefits from an established non-conforming use. Municipal documentation is available. Buyers are solely responsible for confirming that their intended use of the property is permitted and satisfies all municipal requirements.

MLS number
X13533250
Type
Other
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
P0W 1E0
Photos
12
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.

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.

$39,000 · minimum here is $9,750
$863.42per month
Borrowed before insurance$156,000
Total borrowed$156,000
Interest over 25 years at 4.5%$103,025

If you rented it out

-$1,046.75per month out of pocket
Rent$0.00
Everything it costs to hold$1,046.75
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 FIRST CHOICE REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.