Homula Realty Brokerage
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159087 Highway 10 Road, Melancthon, ON L9V 2G3

3 beds · 1 bath · 1 kitchen · 5 rooms · 3 parking spaces · 1100-1500 sq ft · Detached
$999,999

Country living with future upside! Rare acreage property on Hwy 10 offering privacy, space, and incredible long-term potential just minutes from the booming growth of Dundalk. Walk to Tim Hortons, Foodland, McDonald's, and other town amenities while enjoying the feel of cottage living every single day. "Don't wait to buy land... buy land and wait."

MLS number
X13643564
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
L9V 2G3
Photos
1
Laundry
Not in the unit
37days · 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.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Dundalk & Proton Community School
Bluewater DSB
Elementary2.3 kmNot reported

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 785 people.

$94,000Median household income
90.4%Own their home
98.1%Detached houses
37.6Median age
12.1%Born outside Canada
12.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220067 — the few blocks around this address, home to 785 people. It describes the area, not this property.

785Population
38.7Average age
3.1Household size
$109,000Average household income
$94,000Median household income
90%Own their home
10%Rent
0%Condominiums
12%Born outside Canada
13%University degree
$910,000Average home value
12%Low income
45%Not in the labour force
28%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9993%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9997%
$100,000 and over31%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over6%

Percentages are of the 360 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

-$4,427.78per month out of pocket
Rent$0.00
Everything it costs to hold$4,427.78
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 CAPTAIN REAL ESTATE GROUP LTD.. Listing data provided by the Toronto Regional Real Estate Board.