Homula Realty Brokerage
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5740 32 Line, West Perth, ON N0K 1N0

5 beds · 2 baths · 1 kitchen · 8 rooms · 8 parking spaces · 1500-2000 sq ft · Detached
$714,900
Property tax
$1,777 / year

Full of character and charm, this spacious 5 bedroom, 1.5 bath farmhouse offers a wonderful foundation for someone looking to personalize the space and bring their own vision to life. Located just minutes from Mitchell, and a short drive to Stratford, the property offers approximately 1.2 acres of space, privacy and the opportunity to create the country property you've been looking for. Outside, embrace the freedom of country living with mature trees, a chicken coop and plenty of space for gardens, entertaining, hobbies and recreation. Whether you're looking to grow your own food, enjoy outdoor projects or simply have room to spread out, this property offers plenty of opportunity to create a lifestyle that suits you. Combined with the acreage, mature surroundings, generous living space and convenient location, 5740 32 Line offers a unique opportunity to enjoy country living while creating a home that feels truly your own. Come explore the character, space and potential this property has to offer.

MLS number
X13555756
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
2
Postal code
N0K 1N0
Photos
32
63days · this listing
63days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

$142,980 · minimum here is $46,490
$3,165.42per month
Borrowed before insurance$571,920
Total borrowed$571,920
Interest over 25 years at 4.5%$377,707

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,121.51per month out of pocket
Rent$1,192.00
Everything it costs to hold$3,313.51
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 COLDWELL BANKER DAWNFLIGHT REALTY BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.