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.

6745 Trafalgar Street, Thames Centre, ON N0L 1G4

Land
$3,300,000

Attention to those involved in the Aggregate Industry. This 105 Acre parcel of land located just to the east of London with a working gravel pit fronting Hunt Road and and two homes fronting Trafalgar Street is ready for your needs. The two homes are currently leased and one of the homes has a large barn and drive shed in very good condition. The gravel pit functions with a scale and booth and has a large amount of product still available. Estimated availability will be provided after the signing of an NDA. The pit has been professionally managed and a quick closing can occur. Set your appointment to view today.

MLS number
X13759238
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
N0L 1G4
Photos
11
Property tax
$12,650 / year
6days · 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.

Matched to a published address point for this address.

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 500 people.

$102,000Median household income
83.7%Own their home
94.7%Detached houses
43.6Median age
7.6%Born outside Canada
16.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390862 — the few blocks around this address, home to 500 people. It describes the area, not this property.

500Population
43Average age
2.7Household size
$108,000Average household income
$102,000Median household income
84%Own their home
16%Rent
0%Condominiums
8%Born outside Canada
17%University degree
$820,000Average home value
8%Low income
41%Not in the labour force
22%Never married
$20,000 to $24,9992%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9992%
$70,000 to $79,9997%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over35%
$100,000 to $124,99911%
$125,000 to $149,9997%
$150,000 to $199,99911%
$200,000 and over7%

Percentages are of the 270 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.

$660,000 · minimum here is $660,000
$14,611.69per month
Borrowed before insurance$2,640,000
Total borrowed$2,640,000
Interest over 25 years at 4.5%$1,743,506

If you rented it out

-$15,665.85per month out of pocket
Rent$0.00
Everything it costs to hold$15,665.85
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 TRILAND REALTY. Listing data provided by the Toronto Regional Real Estate Board.