Homula Realty Brokerage
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550 St. Ola Road, Limerick, ON K0L 1W0

2 beds · 2 baths · 1 kitchen · 11 rooms · 6 parking spaces · 1100-1500 sq ft · Detached
$799,000

Escape to Your Private Retreat - New Build on 5.7 Acres with Lake & Trail Access! Tucked away in a serene rural setting, this brand-new custom home offers the perfect blend of modern convenience and off-grid tranquility. Sitting on 5.7 private acres, this 2-bedroom, versatile layout features one bedroom on the main floor and one in the lower level floor-ideal for guests, a home office, or main-level living space. Main Floor Highlights: Vaulted ceilings clad in stunning Western Red Cedar create a warm, lodge-like atmosphere. Convenient main-floor laundry adds single-level ease. A covered front porch invites you to sip morning coffee while soaking in the peaceful views.Lower Level & Outdoor Living: The walkout finished basement expands your living space-perfect for a rec room, gym, or hobby area. Attached one-car garage keeps vehicles and gear protected. Location Perks: Just a short drive to the public boat launch on the Limerick Lake system-bring your boat, kayak, or fishing rod! Minutes to abundant trail system access for ATVs, snowmobiles, and off-road enthusiasts right from your doorstep. This is more than a home-it's a lifestyle. Privacy, nature, and recreation all in one package.

MLS number
X13753426
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
K0L 1W0
Photos
46
4days · 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

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 property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 436 people.

$54,400Median household income
92.3%Own their home
100%Detached houses
60Median age
6.9%Born outside Canada
6.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120251 — the few blocks around this address, home to 436 people. It describes the area, not this property.

436Population
53Average age
2.1Household size
$86,000Average household income
$54,400Median household income
92%Own their home
8%Rent
0%Condominiums
7%Born outside Canada
7%University degree
$432,000Average home value
19%Low income
20%Never married
$10,000 to $14,9992%
$15,000 to $19,9994%
$20,000 to $24,9992%
$25,000 to $29,9996%
$30,000 to $34,9994%
$35,000 to $39,9996%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,99913%
$60,000 to $69,9996%
$70,000 to $79,9992%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over19%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9992%
$200,000 and over4%

Percentages are of the 240 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.

$159,800 · minimum here is $54,900
$3,537.80per month
Borrowed before insurance$639,200
Total borrowed$639,200
Interest over 25 years at 4.5%$422,140

If you rented it out

-$3,537.80per month out of pocket
Rent$0.00
Everything it costs to hold$3,537.80
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 ABOUTOWNE REALTY CORP.. Listing data provided by the Toronto Regional Real Estate Board.