Homula Realty Brokerage
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85042 Bluewater Highway, Ashfield-Colborne-Wawanosh, ON N7A 3X9

7 beds · 3 baths · 1 kitchen · 15 rooms · 7 parking spaces · 2500-3000 sq ft · Laundry on the main level level · Detached
$525,000
Property tax
$2,875 / year

Welcome to country living! This nearly two-acre rural property is zoned AG4 which allows for limited agricultural uses, giving you the potential to operate the little "hobby farm" of your dreams! The stately yellow brick century home offers an enchanting covered front porch, classic center hall plan with original hardwood flooring, large principal rooms, 6+ bedrooms, main floor laundry room and 2.5 baths. Outside, there's a small barn/workshop and paddock area. Also situated on the property are fruit trees and beautiful gardens to roam, allowing you the opportunity to de-stress after a hard day's work! Imagine yourself having morning coffee on the back deck, looking at the sun rise and finishing the day on the front deck admiring the beautiful sunset. You can sit on that very same porch and witness the great storms that take place over the lake. On chilly evenings, you can relax by a warm fire in the living room. Don't miss out by simply waiting for tomorrow to come, by then it maybe too late. This is truly an affordable country estate, centrally located between Goderich and Kincardine with beach access and golf courses just a short drive away!

MLS number
X13630306
Type
Detached
Status
Active
Bedrooms
7
Bathrooms
3
Postal code
N7A 3X9
Photos
45
Laundry
Main Level level
43days · 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

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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 346 people.

$95,000Median household income
80%Own their home
100%Detached houses
34.8Median age
9.9%Born outside Canada
9.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35400203 — the few blocks around this address, home to 346 people. It describes the area, not this property.

346Population
36.8Average age
2.6Household size
$86,000Average household income
$95,000Median household income
80%Own their home
20%Rent
0%Condominiums
10%Born outside Canada
9%University degree
$480,000Average home value
11%Low income
42%Not in the labour force
24%Never married
$20,000 to $24,9993%
$25,000 to $29,9993%
$35,000 to $39,9993%
$40,000 to $44,9993%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over33%
$100,000 to $124,99911%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over6%

Percentages are of the 180 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.

$105,000 · minimum here is $27,500
$2,324.59per month
Borrowed before insurance$420,000
Total borrowed$420,000
Interest over 25 years at 4.5%$277,376

If you rented it out

-$2,564.17per month out of pocket
Rent$0.00
Everything it costs to hold$2,564.17
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 Pebble Creek Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.