Homula Realty Brokerage
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573 Browns Road, Brudenell, Lyndoch and Raglan, ON K0L 1G0

2 beds · 1 bath · 1 kitchen · 8 rooms · 12 parking spaces · 700-1100 sq ft · Detached
$1,395,000
Property tax
$9,870 / year

What would you create with 86 acres, multiple residences, extensive infrastructure and Tourist Commercial/Rural Marginal zoning? A glamping resort? Summer camp? RV destination? Outdoor retreat centre? Private wilderness escape? Set along the Little Mississippi River and surrounded by thousands of acres of Crown land, this private property combines more than 30 acres of cleared land, mature forest, existing accommodations and upgraded infrastructure - ready for whatever comes next. Two residences anchor the property: a two-bedroom, one-bathroom cottage with a full kitchen, wood stove, office, full basement and an attached garage/workshop; and a charming two-bedroom cottage with a loft, kitchenette and a covered porch overlooking some of the best views on the property. Six 10' x 16' solar-lit bunkies (each sleeping four) add further guest or group capacity. The electrical infrastructure has already seen significant investment, including an upgraded 50 kVA transformer and air-break system, leaving plenty of capacity for future expansion. On the river, a large covered gazebo and multiple cedar docking systems offer swimming, paddling and fishing, with water up to 15 feet deep at the centre. Miles of trails wind through the wooded acreage for hiking, ATVing, snowshoeing or snowmobiling, and a sizeable sugar maple stand offers maple syrup potential. The remote setting and surrounding Crown land bring exceptional privacy, wildlife and dark night skies. With over 30 acres cleared, there's room to build, expand or simply enjoy the open space. Create a tourism destination, build a multi-family compound, expand on what's already here - or keep all 86 acres as your own private retreat.

MLS number
X13728234
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
K0L 1G0
Photos
49
14days · this listing
14days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

14 days on the market across 2 listings

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

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 484 people.

$69,000Median household income
92.3%Own their home
100%Detached houses
52Median age
6.3%Born outside Canada
8.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120233 — the few blocks around this address, home to 484 people. It describes the area, not this property.

484Population
46.2Average age
2.4Household size
$92,000Average household income
$69,000Median household income
92%Own their home
8%Rent
0%Condominiums
6%Born outside Canada
8%University degree
$436,000Average home value
15%Low income
79%Not in the labour force
19%Never married
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9996%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9998%
$90,000 to $99,9994%
$100,000 and over21%
$100,000 to $124,99912%
$125,000 to $149,9992%
$150,000 to $199,9994%
$200,000 and over4%

Percentages are of the 260 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.

$279,000 · minimum here is $114,500
$6,176.76per month
Borrowed before insurance$1,116,000
Total borrowed$1,116,000
Interest over 25 years at 4.5%$737,027

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.

-$4,674.26per month out of pocket
Rent$2,325.00
Everything it costs to hold$6,999.26
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 Granite Realty Group Inc.. Listing data provided by the Toronto Regional Real Estate Board.