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Parts 5,6,7 Pool Lake Con 2 Pt Lot 19 RP 42R181158-, Strong, ON P0A 1Z0

Vacant Land
$320,000
Property tax
$919 / year

Your waterfront canvas awaits on secluded Pool Lake, in Strong Township (Sunridge)! This exceptional 2.02-acre waterfront lot offers approximately 304 feet of frontage on peaceful Pool Lake, with private laneway access and the space, privacy and natural beauty to create your dream waterfront retreat. With fewer than 20 cottages on the lake, Pool Lake offers a rare sense of seclusion while still providing excellent recreational opportunities, including bass, perch and catfish fishing, boating, swimming and simply enjoying the surrounding nature. With northern exposure, this property offers the opportunity to choose your ideal building site and bring your vision to life. Crown land is located just one lot over, adding another layer of privacy and access to the natural landscape. The neighbouring waterfront lot is also being offered for sale, creating an incredible opportunity to acquire both properties for over 4 acres and approximately 600 feet of waterfront. Located just across the road from Lake Bernard and approximately one minute from Northridge Inn Resort and the South Bernard Beach, this is a unique opportunity to enjoy the peace and privacy of Pool Lake while remaining close to local amenities and recreational attractions. Whether you're dreaming of a year-round home, cottage or retirement retreat, this is a rare opportunity to create something truly your own on the water. This lot is ideally suited for solar power, offering an excellent opportunity to build an efficient, self-sufficient home while embracing the benefits of off-grid living.

MLS number
X13649574
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1Z0
Photos
30
35days · this listing
35days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$64,000 · minimum here is $16,000
$1,416.89per month
Borrowed before insurance$256,000
Total borrowed$256,000
Interest over 25 years at 4.5%$169,067

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$960.47per month out of pocket
Rent$533.00
Everything it costs to hold$1,493.47
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 Chestnut Park Real Estate. Listing data provided by the Toronto Regional Real Estate Board.