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513 County road 2, Front of Leeds & Seeleys Bay, ON K7G 2V4

3+1 beds · 1 bath · 1 kitchen · 7+5 rooms · 12 parking spaces · 700-1100 sq ft · Rural Residential
$524,900
Property tax
$2,241 / year

Looking for that property that speaks to you when you see it? That captures your imagination as to how you can make it your own. Welcome to 513 County RD 2 only 3.5 KM from Gananoque. Situated on 10 acres of level acreage with rock out cropping's and mixture of mature trees right in your backyard. Discover a balance with winding trails through your own forest with a seasonal stream and your own playroom/ Garage which is insulated heated and has central air conditioning plus an extra Shed for gardening tools. Get ready to enjoy with family and friends with ample parking for 10 plus vehicles then Imagine all that and a three bedroom home with finished Lower level boasting a lovely rec-room, den/bedroom, with bar area and rough-in bath, laundry and utility room conveniently off to the side as you walk down the stairs. Great opportunity for a growing family or young professional that wants to let loose and enjoy the outside after a long day There is an aboveground pool behind the shop but it does need a new liner. This home is being sold in as is where is condition.

MLS number
X13730432
Type
Rural Residential
Status
Active
Bedrooms
4
Bathrooms
1
Postal code
K7G 2V4
Photos
58
11days · this listing
11days · 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.

$104,980 · minimum here is $27,490
$2,324.14per month
Borrowed before insurance$419,920
Total borrowed$419,920
Interest over 25 years at 4.5%$277,323

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.

-$1,635.89per month out of pocket
Rent$875.00
Everything it costs to hold$2,510.89
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 FINEST REALTY INC., BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.