Homula Realty Brokerage
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224 Madill Road, Armour, ON P0A 1C0

Vacant Land
$199,900
Property tax
$367 / year

The ultimate year-round outdoor retreat on this extraordinary 25-acre property, conveniently located just 5 minutes from Burks Falls. This hidden oasis offers a seamless blend of natural beauty, wildlife encounters, and endless recreational opportunities. With its extensive trail system, perfect for ATV rides, scenic drives, and invigorating hikes, and its close proximity to snowmobile trails during the winter months, this property truly has it all. As you explore the enchanting trails that crisscross this expansive estate, you'll find yourself immersed in a world of breathtaking beauty. Towering trees, verdant foliage, and the tranquil sounds of nature create a serene ambiance that invites you to unwind and connect with the great outdoors. With numerous ideal locations to build your dream home, you have the opportunity to create a personal haven tailored to your unique vision. Whether you desire a cozy cabin nestled among the trees, a modern architectural masterpiece, or a rustic retreat, this property offers the canvas on which to bring your dreams to life. Design your own sanctuary where you can escape the hustle and bustle of everyday life and revel in the tranquility of nature. Conveniently situated just minutes from Burks Falls, this property ensures easy access to a host of amenities and services. Explore the town's charming shops, savour local culinary delights, and enjoy the welcoming community atmosphere while still savouring the privacy and seclusion of your own natural sanctuary. Don't miss the chance to own this exceptional 25-acre property that seamlessly integrates natural beauty, year-round recreational possibilities, and the freedom to build your dream home.

MLS number
X13691114
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1C0
Photos
18
Laundry
Not in the unit
25days · 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 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 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.

$39,980 · minimum here is $9,995
$885.11per month
Borrowed before insurance$159,920
Total borrowed$159,920
Interest over 25 years at 4.5%$105,614

If you rented it out

-$915.70per month out of pocket
Rent$0.00
Everything it costs to hold$915.70
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 Coldwell Banker Thompson Real Estate. Listing data provided by the Toronto Regional Real Estate Board.