Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

00 Belvedere Road, Clarence-Rockland, ON K0A 2A0

Vacant Land
$225,000
Property tax
$954 / year

Don't miss this opportunity to build your dream home so close to Ottawa. This spacious 1.11 acre lot offers the perfect opportunity to build your dream home or investment property. Picture a 2 story home or a bungalow.. This is an irregular lot of 1.11 acres (233 ft of road frontage on Belvedere Rd with a depth of 230 ft). The lot is cleared from trees and ready to build on it. With Hydro on the lot line. Great location close to Orleans and Ottawa downtown. Easy access to Highway 17. Start planning your next project today!

MLS number
X13559298
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0A 2A0
Photos
5
61days · 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

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.

$45,000 · minimum here is $11,250
$996.25per month
Borrowed before insurance$180,000
Total borrowed$180,000
Interest over 25 years at 4.5%$118,875

If you rented it out

-$1,075.75per month out of pocket
Rent$0.00
Everything it costs to hold$1,075.75
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 REMAX BOARDWALK REALTY. Listing data provided by the Toronto Regional Real Estate Board.