Homula Realty Brokerage
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182 Lanktree Drive, Grey Highlands, ON N0C 1G0

2+1 beds · 2 baths · 1 kitchen · 6+4 rooms · 3 parking spaces · 1100-1500 sq ft · Att/Row/Townhouse
$609,000
Property tax
$2,868 / year

Located in the Beaver Valley Ski Resort community - this furnished, move-in ready freehold townhouse (no condo fees!) is beautifully updated throughout and complimented by stunning views of Old Baldy. This 2 +1 bed, 2 bath, 3 level townhome makes for your perfect weekend getaway (just minutes from the hill) or your full-time home. The 2nd level features an open-concept kitchen, living and dining area with vaulted ceilings, exposed wood beams, hardwood flooring and a wood-burning fireplace. Relax or entertain on your balcony that over-looks mature trees, greenspace and ski hills in the distance. The main floor contains a huge primary bedroom with balcony, a 4 piece bath and the 2nd bedroom. The ground level features a 3rd bed, a den with ground-level walk-out and and spacious utility room. With plenty of storage and parking for 3 cars, this beauty checks ALL the boxes. Pride of ownership through-out. New metal roof, new wood-burning fireplace (and some new windows - all 2022. Snow removal & lawn maintenance costs shared by the townhouse complex owners.

MLS number
X13700302
Type
Att/Row/Townhouse
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N0C 1G0
Photos
29
Laundry
Not in the unit
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

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 689 people.

$95,000Median household income
97.9%Own their home
93.2%Detached houses
53.2Median age
11.2%Born outside Canada
24.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35420267 — the few blocks around this address, home to 689 people. It describes the area, not this property.

689Population
48.7Average age
2.3Household size
$184,000Average household income
$95,000Median household income
98%Own their home
2%Rent
4%Condominiums
11%Born outside Canada
24%University degree
$840,000Average home value
9%Low income
50%Not in the labour force
18%Never married
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9992%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9996%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over32%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9999%
$200,000 and over12%

Percentages are of the 425 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.

$121,800 · minimum here is $35,900
$2,696.52per month
Borrowed before insurance$487,200
Total borrowed$487,200
Interest over 25 years at 4.5%$321,756

If you rented it out

-$2,935.52per month out of pocket
Rent$0.00
Everything it costs to hold$2,935.52
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 Signature Elite Realty Ltd.. Listing data provided by the Toronto Regional Real Estate Board.