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.

PCL 9872 HWY 619, Lake of the Woods, ON P0W 1M0

Vacant Land · 45 days on market
$79,900
Property tax
$148 / year

118 Acres of Organized vacant land with year round road access located 10 minutes from Bergland, Ontario. Parcel has a gradual sloping ditch off of Hwy 619 allowing access without a culvert. Property has plenty of mature timber for your needs if wanted. A small creek runs through a portion of the property with a small pond for you waterfowl hunters. Land is mainly high and dry so this is a good parcel for building or for hunting purposes. Good cell service, boat launch is 10 minutes away in Bergland to fish the World famous Lake of The Woods. Call today.

MLS number
X13562710
Type
Vacant Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
P0W 1M0
Photos
13
60days · this listing
60days · 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.

$15,980 · minimum here is $3,995
$353.78per month
Borrowed before insurance$63,920
Total borrowed$63,920
Interest over 25 years at 4.5%$42,214

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.

-$233.11per month out of pocket
Rent$133.00
Everything it costs to hold$366.11
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 NORTHWEST REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.