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.

Lot 28 Principale Street, Alfred and Plantagenet, ON K0A 3K0

Vacant Land
$599,900
Property tax
$776 / year

Welcome to 2.73 acres of stunning rolling hills along the Ottawa River in the charming community of Wendover. Exceptional property ready to build your dream home & enjoy a relaxing cottage lifestyle. With municipal water, hydro & natural gas available at the street, you'll have all the conveniences you need. Lot features large cedar hedge on one side & a serene forested ravine on the other, ensuring plenty of privacy. Spacious sandy area at the river's edge provides easy access to the water, perfect for family fun. Take advantage of the walk-out basement potential & the irregular shape of the lot, allowing ample space for large detached garage in your plans. Launch your boat & dock it right on your property as the water is deep enough. A large shed is already on site & included with the sale. Located just a short commute from Ottawa, this rare waterfront acreage is a fantastic opportunity-don't miss your chance to make it your own! Please do not walk the property without prior consent.

MLS number
X13719378
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0A 3K0
Photos
16
15days · this listing
15days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

Work out the numbers

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

$119,980 · minimum here is $34,990
$2,656.23per month
Borrowed before insurance$479,920
Total borrowed$479,920
Interest over 25 years at 4.5%$316,948

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,720.89per month out of pocket
Rent$1,000.00
Everything it costs to hold$2,720.89
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 RE/MAX HALLMARK REALTY GROUP. Listing data provided by the Toronto Regional Real Estate Board.