Homula Realty Brokerage
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173 Janet Drive, Lanark Highlands, ON K0A 1P0

3 beds · 2 baths · 1 kitchen · 5 rooms · 12 parking spaces · < 700 sq ft · Detached
$619,000
Property tax
$3,938 / year

This one is about lifestyle. Set on a beautiful natural setting on Taylor Lake, this is the kind of home you wind up in, wind down in, or simply escape to when life gets too busy. Enjoy morning coffee with a lake view, afternoons fishing, kayaking or canoeing, a swim in the new pool, and evenings relaxing on one of the many decks. It has the feel of a year-round cottage retreat, but the comfort of a full-time home with actual fibre internet. The flexible floor plan is an ideal size for a couple, with plenty of room when family and friends come to visit. Inside you'll find a bright functional kitchen, spacious living room, two 3-piece bathrooms, a main-floor office space and flexible bedroom/dining room. The home features a warm, dry wood foundation and simple, virtually maintenance-free electric heat-and the total cost to operate the entire home has averaged an incredibly affordable $225 per month, all in.....Outside, the lifestyle really comes to life with a new pool, extensive decking, a huge 24' x 32' shop/garage, abundant wildlife and beautiful views of Taylor Lake, which connects to Clayton Lake. The property also includes a 1/9 shared ownership interest in a 2.7-acre waterfront parcel with access to the water and a lakeside walking trail......Located on a quiet no-through road with terrific neighbors nearby when you need them, yet plenty of privacy when you don't. A corner store and gas station are about 7 km away, and the sellers commuted to the city for years without issue. If you've been thinking about winding down, escaping the city, finding a year-round cottage retreat, or simply making everyday life feel a little more like a vacation-this may be exactly what you've been waiting for. 24 Hour Irrevocable on offers.

MLS number
X13549038
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
K0A 1P0
Photos
31
Laundry
Not in the unit
65days · 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

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 815 people.

$100,000Median household income
95.2%Own their home
94%Detached houses
50.4Median age
5.4%Born outside Canada
12.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35090155 — the few blocks around this address, home to 815 people. It describes the area, not this property.

815Population
45.2Average age
2.4Household size
$116,000Average household income
$100,000Median household income
95%Own their home
5%Rent
0%Condominiums
5%Born outside Canada
13%University degree
$512,000Average home value
8%Low income
57%Not in the labour force
18%Never married
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,99912%
$125,000 to $149,9997%
$150,000 to $199,9999%
$200,000 and over5%

Percentages are of the 490 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.

$123,800 · minimum here is $36,900
$2,740.80per month
Borrowed before insurance$495,200
Total borrowed$495,200
Interest over 25 years at 4.5%$327,039

If you rented it out

-$3,068.96per month out of pocket
Rent$0.00
Everything it costs to hold$3,068.96
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 EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.