Homula Realty Brokerage
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494 Old Ferguson Road, Huntsville, ON P1H 2J2

Land
$799,000

Capitalize On A Rare Land Assembly Opportunity With This Prime 4.13 Acre Commercial Parcel Situated Right Off Highway 11, Just Minutes South Of Huntsville. Offering Exceptional Exposure Along A Major Transport Route With Over 11,000 Vehicles Passing Daily, This Property Presents The Ideal Foundation For A Custom Commercial Build Or Land-Heavy Enterprise In The Muskoka Region. The Site Is Flexible And Build-Ready, Complete With Versatile Urban Business Employment Zoning. A Wide Range Of High-Value Industrial And Commercial Operations Are Permitted, Including Motor Vehicle Repair Shops, Transportation Depots, Contractor Yards, Self-Storage Facilities, Distribution Warehouses, And Vehicle Or Equipment Sales Operations. For Buyers Requiring A Significantly Larger Footprint, This Parcel Can Be Purchased Alongside The Neighbouring 4.19 Acre Improved Property (Which Features An Existing 7,000-Square-Foot Shop And 3-Phase, 600-Amp Power). Combining The Two Properties Creates An Expansive Eight-Acre Contiguous Commercial Compound With Outstanding Layout Potential. Buyers Can Move Forward With Confidence, As Recent Environmental Site Assessments Have Been Completed With Clean, Fully Satisfactory Results On File. Whether Acquired As A Standalone Investment Or As Part Of An 8.32 Acre Site Assembly, This High-Exposure Land Provides The Ultimate Flexibility For Future Development..

MLS number
X13669954
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
P1H 2J2
Photos
8
Property tax
$1,250 / year
30days · 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.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 772 people.

$101,000Median household income
96.7%Own their home
98.4%Detached houses
54.4Median age
12%Born outside Canada
21.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440179 — the few blocks around this address, home to 772 people. It describes the area, not this property.

772Population
49.1Average age
2.4Household size
$115,000Average household income
$101,000Median household income
97%Own their home
3%Rent
0%Condominiums
12%Born outside Canada
21%University degree
$770,000Average home value
7%Low income
84%Not in the labour force
20%Never married
Under $5,0001%
$15,000 to $19,9992%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,9998%
$200,000 and over11%

Percentages are of the 485 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.

$159,800 · minimum here is $54,900
$3,537.80per month
Borrowed before insurance$639,200
Total borrowed$639,200
Interest over 25 years at 4.5%$422,140

If you rented it out

-$3,641.97per month out of pocket
Rent$0.00
Everything it costs to hold$3,641.97
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 LPT REALTY. Listing data provided by the Toronto Regional Real Estate Board.