Homula Realty Brokerage
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84539 RIDGE Drive, Ashfield-Colborne-Wawanosh, ON N7A 3X9

3 beds · 3 baths · 1 kitchen · 13 rooms · 8 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$1,699,000
Property tax
$5,471 / year

LUXURY. PRIVACY. WATERFRONT. A truly distinguished Lake Huron estate set on 1.4 acres across two separately deeded lots, offering an extraordinary combination of privacy, prestige and shoreline living. From its elevated setting, the beautifully appointed 3-bedroom, 3-bathroom residence enjoys clear, breathtaking views over Lake Huron from the upper property, with unforgettable sunsets providing a spectacular backdrop.Designed for both entertaining and elevated everyday living, the home features upscale finishes, sophisticated design and geothermal heating and cooling for year-round comfort. A generous deck, elegant patio and upper balcony create exceptional indoor-outdoor living while taking full advantage of the lake views and natural surroundings. Professionally curated landscaping, mature trees and a tranquil pond further enhance the property's peaceful, private setting.A heated detached outbuilding with a partial kitchen offers exceptional versatility for guest accommodations, a private office, wellness studio or creative space.Private stairs lead from the upper property to the separately deeded lower lake-level parcel, with driving access providing added convenience. At the water's edge, approximately 85 feet of private sandy shoreline and two spacious bunkies located on the lake-level property create an incredible setting for family, guests and long summer days by the water.Rarely does a property offering this combination of elevated lake views, private shoreline and two distinct parcels come to market. An exceptional Lake Huron retreat and legacy property to enjoy for generations.

MLS number
X13692554
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
N7A 3X9
Photos
50
Laundry
Main Level level
24days · 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 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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 696 people.

$101,000Median household income
98.1%Own their home
100%Detached houses
57.6Median age
5.9%Born outside Canada
19.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35400204 — the few blocks around this address, home to 696 people. It describes the area, not this property.

696Population
49.4Average age
2.2Household size
$151,000Average household income
$101,000Median household income
98%Own their home
2%Rent
0%Condominiums
6%Born outside Canada
19%University degree
$700,000Average home value
7%Low income
100%Not in the labour force
13%Never married
$20,000 to $24,9991%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9991%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9993%
$100,000 and over36%
$100,000 to $124,9998%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over10%

Percentages are of the 450 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.

$339,800 · minimum here is $339,800
$7,522.80per month
Borrowed before insurance$1,359,200
Total borrowed$1,359,200
Interest over 25 years at 4.5%$897,641

If you rented it out

-$7,978.72per month out of pocket
Rent$0.00
Everything it costs to hold$7,978.72
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 Royal LePage Heartland Realty. Listing data provided by the Toronto Regional Real Estate Board.