Homula Realty Brokerage
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370 Gravelle Road, Chisholm, ON P0H 1Z0

3 beds · 1 bath · 1 kitchen · 6+2 rooms · 10 parking spaces · 1100-1500 sq ft · Detached
$469,900
Property tax
$2,895 / year

Looking for some space and privacy? This 3-bedroom, 1-bathroom home sits on 18+ acres with no neighbours in sight. There is plenty of room here to enjoy the property, work on your hobbies, have a garden, or simply enjoy the peace and quiet. There is also lots of road frontage, and crown land is just down the road, giving you access to plenty of acres to explore. Even better, Algonquin Park is just down this road, with countless lakes and waterways to enjoy for swimming, fishing and exploring. There is a lifetime of outdoor adventure right at your doorstep.The home has seen some important upgrades over the past few years. All of the main-level windows were replaced in December 2022 with triple-glazed windows. The exterior doors were replaced at the same time and include screen doors. The electrical service was upgraded to 200 amp in October 2022, and a GenerLink was installed at the same time for added convenience during a power outage.Outside, the hot tub sits under an enclosed gazebo, making it a comfortable spot to use throughout the year. A 12' x 12' floating deck provides additional outdoor space, while the mature garden bed adds some character to the property. There is also a sea can for extra storage, which is always handy when you have this much property.The home is very good on utilities, and the combination of acreage, privacy and nearby crown land makes this a great option for someone looking to get away from the neighbours without giving up the practical side of country living.

MLS number
X13721808
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0H 1Z0
Photos
50
14days · this listing
14days · 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

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 677 people.

$72,500Median household income
96%Own their home
98%Detached houses
43.6Median age
8.4%Born outside Canada
6.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35480229 — the few blocks around this address, home to 677 people. It describes the area, not this property.

677Population
42.2Average age
2.7Household size
$89,000Average household income
$72,500Median household income
96%Own their home
4%Rent
0%Condominiums
8%Born outside Canada
6%University degree
$352,000Average home value
19%Low income
78%Not in the labour force
19%Never married
Under $5,0002%
$10,000 to $14,9992%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9995%
$45,000 to $49,9992%
$50,000 to $59,9998%
$60,000 to $69,9996%
$70,000 to $79,9998%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over23%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over3%

Percentages are of the 330 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.

$93,980 · minimum here is $23,495
$2,080.62per month
Borrowed before insurance$375,920
Total borrowed$375,920
Interest over 25 years at 4.5%$248,265

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.

-$1,538.87per month out of pocket
Rent$783.00
Everything it costs to hold$2,321.87
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 Century 21 Blue Sky Region Realty Inc., Brokerage. Listing data provided by the Toronto Regional Real Estate Board.