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.

LT 10 CON 11 11th Line, East Garafraxa, ON L9W 7A5

Vacant Land
$999,999
Property tax
$3,966 / year

47 acres of land located in East Garafraxa, a tight-knit, predominantly agricultural community. Located just west of Orangeville, it offers a peaceful, scenic escape from urban life while remaining a convenient commute to Brampton, Guelph, and the Greater Toronto Area. The property has 995ft of frontage and over 2000ft in depth. This low-density area features historic roots, open farmland, and a mix of families and retirees. The township has deep agricultural roots. Zoning is generally favourable for hobby farming and equestrian properties. Tired of city life this parcel of land in East Garafraxa might be what you are looking for.

MLS number
X13577326
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L9W 7A5
Photos
7
Laundry
Not in the unit
57days · 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 564 people.

$119,000Median household income
92.7%Own their home
100%Detached houses
44.4Median age
6%Born outside Canada
13.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220138 — the few blocks around this address, home to 564 people. It describes the area, not this property.

564Population
42Average age
3Household size
$123,000Average household income
$119,000Median household income
93%Own their home
7%Rent
0%Condominiums
6%Born outside Canada
13%University degree
$1,120,000Average home value
8%Low income
41%Not in the labour force
28%Never married
$10,000 to $14,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9995%
$80,000 to $89,9992%
$90,000 to $99,9995%
$100,000 and over37%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over12%

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.

$200,000 · minimum here is $75,000
$4,427.78per month
Borrowed before insurance$799,999
Total borrowed$799,999
Interest over 25 years at 4.5%$528,334

If you rented it out

-$4,758.28per month out of pocket
Rent$0.00
Everything it costs to hold$4,758.28
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 ROYAL LEPAGE RCR REALTY. Listing data provided by the Toronto Regional Real Estate Board.