Homula Realty Brokerage
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Lot 87 Paul's Road, Drummond/North Elmsley, ON K7H 0J6

3 beds · 2 baths · 1 kitchen · 5 rooms · 7 parking spaces · 1100-1500 sq ft · Rural Residential
$654,900

*This house/building is not built or is under construction. Images of a similar model are provided* ALL ON AN ICF FOUNDATION!! Top Selling Jackson Homes Pinehouse model with 3 bedrooms, 2 baths and split entryway to be built on stunning 1.7 acre, partially treed lot located centralbetween Carleton Place, Smiths Falls and under 15 minutes to Richmond, with an easy commute to the city. Enjoy the open concept design inliving/dining /kitchen area with custom cabinets from Laurysen Kitchens. Generous bedrooms, with the Primary featuring a full 4pc Ensuite withone piece tub. Vinyl tile flooring in baths and entry. Large entry/foyer with inside garage entry, and door to the backyard leading to a privet groundlevel deck. Attached double car garage (20x 20). The lower level awaits your own personal design ideas for future living space. The Buyer canchoose all their own custom fishing with our own design team. This information is based off the builders Entry Level specifications but the buyerwould have the opportunity to upgrade features or even change the model to be builds completely.

MLS number
X13573928
Type
Rural Residential
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
K7H 0J6
Photos
12
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

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$130,980 · minimum here is $40,490
$2,899.76per month
Borrowed before insurance$523,920
Total borrowed$523,920
Interest over 25 years at 4.5%$346,007

If you rented it out

-$2,899.76per month out of pocket
Rent$0.00
Everything it costs to hold$2,899.76
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.