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Lot 1 Tally-Ho Winter Park Road, Lake of Bays, ON P1H 2E8

< 700 sq ft · Vacant Land
$199,900
Property tax
$330 / year

Newly created residential building lot with the entrance/driveway installed and approved. The lot is located on Tally Ho Winter Park Road, a paved road year-round municipal road. The lot is only two minutes from a public boat launch on Peninsula Lake - Great location for your dream home. Lot offers 281 ft frontage on Tally Ho Winter Park Road and 4.3 acres of land. The lot is well treed with multiple excellent building sites. Lot provides easy access to Hwy 60 with the Town of Huntsville only 10 minutes from the lot and the Town of Dwight only 5 minutes away. Also, in the area, you will find the Limberlost Forest Reserve, Algonquin Park, a fantastic public beach in the town of Dwight, and many lakes and attractions to discover. Take a look today! Call for further information. HST is applicable to the sale and is in addition to the asking price.

MLS number
X13744644
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P1H 2E8
Photos
10
Laundry
Not in the unit
8days · 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.

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.

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 1,387 people.

$102,000Median household income
95%Own their home
83.3%Detached houses
50.8Median age
6.5%Born outside Canada
31.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440166 — the few blocks around this address, home to 1,387 people. It describes the area, not this property.

1,387Population
46.5Average age
2.4Household size
$121,200Average household income
$102,000Median household income
95%Own their home
5%Rent
8%Condominiums
7%Born outside Canada
32%University degree
$816,000Average home value
7%Low income
79%Not in the labour force
21%Never married
Under $5,0001%
$10,000 to $14,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 865 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.

$39,980 · minimum here is $9,995
$885.11per month
Borrowed before insurance$159,920
Total borrowed$159,920
Interest over 25 years at 4.5%$105,614

If you rented it out

-$912.61per month out of pocket
Rent$0.00
Everything it costs to hold$912.61
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 Sutton Group Muskoka Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.