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.

453 Pilgers Road, Nipissing, ON P0H 1W0

Vacant Land
$185,000
Property tax
$300 / year

Beautiful 8.25-acre country lot featuring mature hardwood trees and a picturesque, private setting on a quiet country road. Much of the groundwork has already been completed, including an installed driveway, drilled well and septic system. Hydro is available across the road. Conveniently located just outside Commanda near Highway 522, approximately 20 minutes from Powassan and 40 minutes from North Bay. Bring your vision and build your ideal country home or retreat while enjoying the perfect balance of privacy and convenience.

MLS number
X13675252
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0H 1W0
Photos
22
28days · this listing
484days · this property (3 listings)

This home has been listed 3 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

484 days on the market across 3 listings
This listing shows 28 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

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 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.

$37,000 · minimum here is $9,250
$819.14per month
Borrowed before insurance$148,000
Total borrowed$148,000
Interest over 25 years at 4.5%$97,742

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.

-$536.14per month out of pocket
Rent$308.00
Everything it costs to hold$844.14
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 Re/Max Crown Realty (1989) Inc.. Listing data provided by the Toronto Regional Real Estate Board.