Homula Realty Brokerage
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661 Stewart Road, Alberton, ON P9A 3M2

2+1 beds · 2 baths · 1 kitchen · 6+4 rooms · Detached · 0 days on market
$459,900
Property tax
$2,141 / year

New Listing. Country Living Meets Opportunity! Recently updated and reno'd. Just minutes from Fort Frances, this well-established 35-acre horse & hobby farm offers the perfect blend of privacy, country living, animal-friendly infrastructure and income potential. The property features open and wooded areas, trails, barn, tack sheds and plenty of space for horses, chickens or other animals. Horse boarding potential adds an exciting opportunity for additional income. The comfortable bi-level home offers 2200 sq ft of well designed living. A welcoming open-concept kitchen/dining/living area, spacious primary bedroom, second bedroom and recently updated bathroom. Enjoy the peaceful setting from the large wrap-around deck or private west-facing dining room deck—perfect for relaxing and taking in beautiful sunsets. The lower level provides grade-level entry, a large recreation/office area, bedroom and 3-piece bath, offering excellent potential for a guest suite, generational living, home business or rental conversion. Whether you're looking for a country home, hobby farm, animal property or horse-boarding opportunity, this versatile 35-acre property delivers space, privacy and potential—all just minutes from town. Your horses. Your animals. Your home. Your opportunity! Come out, take a look, and imagine what your country life could look like here.

MLS number
X13727718
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P9A 3M2
Photos
39
16days · 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 500 people.

$114,000Median household income
86.8%Own their home
94.3%Detached houses
36.8Median age
6.8%Born outside Canada
10.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35590080 — the few blocks around this address, home to 500 people. It describes the area, not this property.

500Population
37.4Average age
2.9Household size
$110,000Average household income
$114,000Median household income
87%Own their home
13%Rent
0%Condominiums
7%Born outside Canada
10%University degree
$340,000Average home value
6%Low income
76%Not in the labour force
20%Never married
$35,000 to $39,9992%
$40,000 to $44,9992%
$50,000 to $59,9992%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over39%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,99912%
$200,000 and over12%

Percentages are of the 255 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.

$91,980 · minimum here is $22,995
$2,036.34per month
Borrowed before insurance$367,920
Total borrowed$367,920
Interest over 25 years at 4.5%$242,981

If you rented it out

-$2,214.75per month out of pocket
Rent$0.00
Everything it costs to hold$2,214.75
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 FIRST CHOICE REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.