Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

441158 Concession Road 12-13, East Luther Grand Valley, ON L9W 0Z9

3 beds · 1 bath · 1 kitchen · 7 rooms · 10 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Detached
$849,000
Property tax
$7,959 / year

Look no further - this could be the rural property you've been waiting for! Set on nearly 1.5 acres of flat, usable land, this property offers the peace and privacy of a quiet rural setting, while providing plenty of space for work, recreation, parking and storage. The inviting 3-bedroom bungalow has seen numerous important updates, including new siding, insulation, and eaves in 2022; newer windows and doors; and a new roof in 2025. The interior has also been thoughtfully updated and is ready for you to add your own finishing touches and make it truly your own. The massive garage/workshop is a standout feature,48 x 96 ft, offering exceptional versatility for the hobbyist, tradesperson or entrepreneur. It features an updated electrical panel with 200-amp service, 12-foot ceilings, new lighting, a new overhead garage door, and a large sliding barn door that provides easy access for larger loads, machinery, equipment and storage. A solid concrete floor adds to its functionality. There is abundant parking for trucks, trailers, RVs and more, with a newly installed recycled asphalt driveway and parking area. The zoning is described as 304 - Residential with Commercial/Industrial Use Building, creating exciting possibilities for those looking to combine home and business in one location. Bring your vision and start your next chapter here - a peaceful rural property with the space, flexibility and infrastructure to make your ideas a reality.

MLS number
X13747322
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
L9W 0Z9
Photos
61
Laundry
Lower Level level
9days · 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

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$169,800 · minimum here is $59,900
$3,759.19per month
Borrowed before insurance$679,200
Total borrowed$679,200
Interest over 25 years at 4.5%$448,556

If you rented it out

-$4,422.44per month out of pocket
Rent$0.00
Everything it costs to hold$4,422.44
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 REALTY SPECIALISTS INC.. Listing data provided by the Toronto Regional Real Estate Board.