Homula Realty Brokerage
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7462 Wellington 11 Road, Mapleton, ON N0G 2K0

Vacant Land
$114,000
Property tax
$735 / year

Exceptional Corner Lot in Moorefield (Wellington County) Build Your Dream Home! Presenting a fantastic opportunity to build your custom home on a rare 0.31-acre corner lot located in Wellington County! With approximately 95 feet of frontage and excellent visibility, this flat and well-positioned parcel offers the perfect canvas for your vision! whether you're a builder, investor, or end user seeking a peaceful rural setting with amenities close by. This lot boasts direct access from a public, year-round road making it ideal for a variety of residential design concepts. Whether you're considering a bungalow, two-storey family home, or something more unique, the lots dimensions provide ample flexibility for creative planning. Enjoy the tranquility of small-town living while remaining just minutes from local shops, schools, Maryborough Community Centre and major roadways providing convenient access to Guelph, Kitchener-Waterloo, and surrounding regions. this lot is not located within a floodplain or designated wetland area, and only a very small portion at the rear of the property falls under the jurisdiction of the Grand River Conservation Authority (GRCA). Any development or building proposals may be subject to review and approval from the township and GRCA. Don't miss out on this rare opportunity to secure a quality piece of land in a growing rural community!

MLS number
X13614606
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0G 2K0
Photos
4
Laundry
Not in the unit
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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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.

$22,800 · minimum here is $5,700
$504.77per month
Borrowed before insurance$91,200
Total borrowed$91,200
Interest over 25 years at 4.5%$60,230

If you rented it out

-$566.02per month out of pocket
Rent$0.00
Everything it costs to hold$566.02
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 METROPOLIS REALTY. Listing data provided by the Toronto Regional Real Estate Board.