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.

1526 County Road 2, Otonabee-South Monaghan, ON K0L 1B0

1+2 beds · 3 baths · 1+1 kitchens · 4+5 rooms · 14 parking spaces · 2500-3000 sq ft · Laundry on the main level level · Detached
$3,850,000
Property tax
$15,115 / year

Incredible Opportunity 273 Acres with Agricultural & Industrial Zoning on the Otonabee River. A rare and versatile offering! Set on an expansive 273-acre parcel with over 2,000 feet of frontage along the scenic Otonabee River, this property combines agricultural and industrial zoning ideal for a wide range of uses. While agriculture is central, you could also establish a riverside campground, horse stables, a commercial kennel, or many industrial permitted uses such as the current auto recycling business. The property features a modern 2,124 sq ft commercial building (built in 2020), a spacious 3,650 sq ft barn, and a beautifully designed bungalow constructed approximately 10 years ago. This stunning home offers about 3,000 sq ft of finished living space, including a fully finished walkout lower level. Enjoy high-end finishes throughout, with hardwood flooring on the main level and in-floor radiant heated vinyl flooring downstairs. The bright and spacious lower level offers in-law suite potential, featuring a second kitchen, laundry, and a walkout to the backyard. The homes warm farmhouse charm is enhanced by a custom Trex wraparound deck, perfect for taking in breathtaking panoramic views.Ideal for a hobby farm, boating enthusiasts, horseback riding, or exploring the private trails for hiking, ATV'ing, or dirt biking, this one-of-a-kind property truly offers something for everyone.

MLS number
X13635718
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
K0L 1B0
Photos
50
Laundry
Main Level level
40days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 544 people.

$86,000Median household income
88.5%Own their home
96.1%Detached houses
57.2Median age
9.6%Born outside Canada
18.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150271 — the few blocks around this address, home to 544 people. It describes the area, not this property.

544Population
48.6Average age
2.1Household size
$104,000Average household income
$86,000Median household income
89%Own their home
12%Rent
0%Condominiums
10%Born outside Canada
19%University degree
$715,000Average home value
11%Low income
17%Never married
Under $5,0001%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9994%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over29%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over6%

Percentages are of the 350 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.

$770,000 · minimum here is $770,000
$17,046.97per month
Borrowed before insurance$3,080,000
Total borrowed$3,080,000
Interest over 25 years at 4.5%$2,034,090

If you rented it out

-$18,306.55per month out of pocket
Rent$0.00
Everything it costs to hold$18,306.55
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 Proalliance Realty. Listing data provided by the Toronto Regional Real Estate Board.