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.

00 Raymond Road, South Stormont, ON K0C 1Y0

Vacant Land
$209,900
Property tax
$386 / year

Beautiful Recently Created Residential 4 acre Building Lot! This property Currently has the Potential for an additional severance. An Additional severed lot could be between 1 and 3 acres in size. The property Boasts 416 Feet of frontage and 420 Feet of Depth. The Entire lot is Forested with a Pine tree plantation that is approximately 25+/- years old! Build your New Home Within the Privacy of the Pine Trees! Very Seldom will you find a Building Lot with the Evergreen coverage that this Lot has or the potential for an additional Severance. Build your Dream Home and Sever a Lot for your Children so they can do the Same! Or keep it as a 4 acre lot. This Also may be a Great Property for a Contractor looking for a residential construction opportunity. Only One Hour Drive to Ottawa, 15 Minutes to Ingleside and Thirty Minutes from Cornwall! All Interested Parties are to verify with the local governing authorities that they can develop and use the property for their specific requirements. Buyer to confirm with the Township regarding further Severance Possibilities. A Copy of the Survey is Available to interested parties. All Interested Parties are to Schedule an Appointment to Walk the Lot Prior to Entry. Do not Access the Property without a Appointment. All parties who make an appointment agree to enter the property at their own risk. 48 Hours Irrevocable on All Offers.

MLS number
X13685456
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0C 1Y0
Photos
7
Laundry
Not in the unit
27days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property 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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

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

$41,980 · minimum here is $10,495
$929.39per month
Borrowed before insurance$167,920
Total borrowed$167,920
Interest over 25 years at 4.5%$110,898

If you rented it out

-$961.56per month out of pocket
Rent$0.00
Everything it costs to hold$961.56
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 WHEELER SMART CHOICE REALTY BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.