Homula Realty Brokerage
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4092 Highway 620, Wollaston, ON K0L 1A0

2 beds · 1 bath · 1 kitchen · 6 rooms · 4 parking spaces · 700-1100 sq ft · Laundry on the main level level · Detached
$250,000
Property tax
$1,906 / year

Who says a vacation property has to break the bank? Here is an affordable 2 bedroom, 1 bathroom, 3 season cottage on just over an acre. This cozy house has been tastefully enjoyed over the years and features a recently updated bathroom. There are two beautiful covered porches on the front and back of the house to while away the days in peace and privacy. Just 5 minutes away from the public beach and boat launch at Chandos Lake, 8 minutes to Wollaston Lake, and 15 minutes to Apsley, this is a property ideal for outdoor enthusiasts, anglers, hunters or anyone just looking for a quiet escape from city.

MLS number
X13677734
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
K0L 1A0
Photos
30
Laundry
Main Level level
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.

Matched to a published address point for this address.

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 721 people.

$56,400Median household income
90.3%Own their home
94.3%Detached houses
58Median age
9%Born outside Canada
13.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120254 — the few blocks around this address, home to 721 people. It describes the area, not this property.

721Population
52.1Average age
2Household size
$70,000Average household income
$56,400Median household income
90%Own their home
10%Rent
0%Condominiums
9%Born outside Canada
13%University degree
$484,000Average home value
24%Low income
19%Never married
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9996%
$40,000 to $44,9997%
$45,000 to $49,9992%
$50,000 to $59,9999%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over17%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9993%
$200,000 and over2%

Percentages are of the 430 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.

$50,000 · minimum here is $12,500
$1,106.95per month
Borrowed before insurance$200,000
Total borrowed$200,000
Interest over 25 years at 4.5%$132,084

If you rented it out

-$1,265.78per month out of pocket
Rent$0.00
Everything it costs to hold$1,265.78
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 Century 21 United Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.