Homula Realty Brokerage
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1502 Winter Drive, Adelaide Metcalfe, ON N7G 3H5

6 beds · 5 baths · 1 kitchen · 13+2 rooms · 22 parking spaces · 3000-3500 sq ft · Laundry on the main level level · Farm
$2,495,000
Property tax
$6,240 / year

Picturesque 200 acre farm with the Sydenham River running through. 48 workable acres. House is approx 3450sf plus lower level with walkout. 6+1 bedroom, 5 bathroom home set well back from the road in a gorgeous setting surrounded by nature. 68 acre woodlot due for next harvest in 2029/30. Farm may have severance possibilities.

MLS number
X13610100
Type
Farm
Status
Active
Bedrooms
6
Bathrooms
5
Postal code
N7G 3H5
Photos
47
Laundry
Main Level level
48days · 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

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 1,219 people.

$95,000Median household income
93%Own their home
78.1%Detached houses
47.6Median age
13.7%Born outside Canada
13.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390765 — the few blocks around this address, home to 1,219 people. It describes the area, not this property.

1,219Population
45.5Average age
2.5Household size
$112,000Average household income
$95,000Median household income
93%Own their home
7%Rent
3%Condominiums
14%Born outside Canada
14%University degree
$540,000Average home value
5%Low income
66%Not in the labour force
19%Never married
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9996%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over33%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 685 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.

$499,000 · minimum here is $499,000
$11,047.32per month
Borrowed before insurance$1,996,000
Total borrowed$1,996,000
Interest over 25 years at 4.5%$1,318,196

If you rented it out

-$11,567.32per month out of pocket
Rent$0.00
Everything it costs to hold$11,567.32
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 ADVANTAGE SANDERSON REALTY. Listing data provided by the Toronto Regional Real Estate Board.