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5 W/A Lake Wahwashkesh, Whitestone, ON P0A 1G0

Vacant Land
$295,000
Property tax
$819 / year

STUNNING BUILDING LOT on LAKE WAHWASHKESH featuring 4.80 acres and 345 feet of pristine natural shoreline. Lot 5 is one of five waterfront lots being offered for sale. Enjoy expansive lake views, deep water ideal for docking, and a peaceful forested setting offering exceptional privacy. Multiple potential building sites provide the perfect opportunity to create your dream cottage.Spend your days boating, enjoying fantastic fishing, swimming, paddling, and exploring the Parry Sound District's largest lake, spanning 4,253 acres with over 106 km of shoreline. With more than 30% of Lake Wahwashkesh's shoreline protected as Crown land, its rugged natural beauty will be preserved for generations to come.The property includes convenient deeded mainland parking. Seller advises that a preliminary septic review has been completed through the North Bay-Mattawa Conservation Authority. Buyers are encouraged to complete their own due diligence regarding permits, approvals, and future development. Two public boat launches and a marina are located less than a 10-minute boat ride away, making access to the property both easy and convenient.Whether you're envisioning a seasonal getaway or creating a legacy family retreat, this is a rare opportunity to secure your own piece of beautiful Lake Wahwashkesh. HST is included in the purchase price. Possible Vendor Take Back (VTB) financing available for qualified purchasers. Contact the listing agent for more details.

MLS number
X13570184
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1G0
Photos
10
Laundry
Not in the unit
60days · 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.

Approximate — placed from the postal code, which can cover a block or more.

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 512 people.

$64,000Median household income
92.7%Own their home
62Median age
7%Born outside Canada
4.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490188 — the few blocks around this address, home to 512 people. It describes the area, not this property.

512Population
56.6Average age
2Household size
$77,000Average household income
$64,000Median household income
93%Own their home
7%Rent
0%Condominiums
7%Born outside Canada
4%University degree
$588,000Average home value
16%Low income
13%Never married
$5,000 to $9,9992%
$15,000 to $19,9992%
$20,000 to $24,9995%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9993%
$50,000 to $59,99912%
$60,000 to $69,9995%
$70,000 to $79,9998%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over20%
$100,000 to $124,99912%
$125,000 to $149,9993%
$150,000 to $199,9993%
$200,000 and over3%

Percentages are of the 300 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.

$59,000 · minimum here is $14,750
$1,306.20per month
Borrowed before insurance$236,000
Total borrowed$236,000
Interest over 25 years at 4.5%$155,859

If you rented it out

-$1,374.45per month out of pocket
Rent$0.00
Everything it costs to hold$1,374.45
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 Parry Sound Muskoka Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.