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823 Relative Road, Armour, ON P0A 1C0

2+2 beds · 4 baths · 1+1 kitchens · 6+3 rooms · 16 parking spaces · 2500-3000 sq ft · Detached
$1,180,000
Property tax
$6,408 / year

Welcome To Pristine 3 Mile Lake! Featuring 3.4 Acres Of Privacy W/224' Of Waterfront & Creek Lining Property! Year Round Road & Close To Ofsc Trails!6yrs old high-efficiency propane furnace& AC! Spacious Home Features Large Eat-In Kitchen W/Centre Island And W/O To Large Deck O/L The Lake! Living Rm W/Vaulted Ceiling & Cozy Fireplace, Family Room W/Bar /pool/Sauna & Lake!Skylight!200Amp panel! Games Rm Can Be Easily Converted To 5th Bdrm. Or In-Law Suite. Master Offers 5 Pc. Ensuite & Balcony O/Looking Lake! **New*roof&garage door*Reno 2bed apt unit w/kitchen, washer&dryer,lake view w/access to the lake, rental income$$$. Treehouse, ATV, Boat, kayak, furniture can be sold with the property. 15 cars can be parked at the side of the property. Perfect for the big family. 16mins drive to the hunting camp for sale, MLS#X12302921

MLS number
X13537184
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
4
Postal code
P0A 1C0
Photos
26
Laundry
Not in the unit
68days · 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 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 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 518 people.

$69,500Median household income
88.4%Own their home
93.6%Detached houses
56.4Median age
7.1%Born outside Canada
16.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490174 — the few blocks around this address, home to 518 people. It describes the area, not this property.

518Population
49.1Average age
2.2Household size
$85,000Average household income
$69,500Median household income
88%Own their home
12%Rent
5%Condominiums
7%Born outside Canada
16%University degree
$600,000Average home value
18%Low income
87%Not in the labour force
15%Never married
$20,000 to $24,9997%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,99910%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over25%
$100,000 to $124,99910%
$125,000 to $149,9995%
$150,000 to $199,9992%
$200,000 and over5%

Percentages are of the 295 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.

$236,000 · minimum here is $93,000
$5,224.78per month
Borrowed before insurance$944,000
Total borrowed$944,000
Interest over 25 years at 4.5%$623,435

If you rented it out

-$5,758.78per month out of pocket
Rent$0.00
Everything it costs to hold$5,758.78
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 VERTICAL MARKETING REALTY. Listing data provided by the Toronto Regional Real Estate Board.