Homula Realty Brokerage
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000 Windy Point Side Road, Lanark Highlands, ON K0A 3L0

Vacant Land
$1,299,000
Property tax
$1,168 / year

Own almost 400 acres and approximately 3,700 feet of waterfront along Bane Bay on White Lake, in a great location roughly 45 minutes from Ottawa's west end. This rare offering consists of two parcels being sold together as one extraordinary package, offering approximately 386 acres of true Canadian wilderness. Untouched and exceptionally private, the property features a large bay, an impressive mix of hardwood, maple and softwood forest, abundant wildlife and private road access through the land. The sheer scale, privacy and waterfront create endless possibilities. Opportunities to own this much acreage and waterfront within easy reach of Ottawa are exceptionally rare!

MLS number
X13750432
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0A 3L0
Photos
33
Laundry
Not in the unit
5days · 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.

Work out the numbers

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

$259,800 · minimum here is $104,900
$5,751.69per month
Borrowed before insurance$1,039,200
Total borrowed$1,039,200
Interest over 25 years at 4.5%$686,307

If you rented it out

-$5,849.02per month out of pocket
Rent$0.00
Everything it costs to hold$5,849.02
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 ROYAL LEPAGE TEAM REALTY. Listing data provided by the Toronto Regional Real Estate Board.