Homula Realty Brokerage
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2248 Bruce Rd 9 Road, Northern Bruce Peninsula, ON N0H 1W0

Vacant Land
$239,000
Property tax
$752 / year

Incredible 22 ACRE BUILDING LOT with 1,264 ft of road frontage on Bruce Rd 9. Zoned RU1 and ready to build on now! 350-400ft long DRIVEWAY INSTALLED and approx. 150ft x 150ft BUILDING ENVELOPE CLEARED and excavated to the the bedrock ... SAVE 10's THOUSAND of DOLLARS in site preparation costs. Property is VERY PRIVATE with an excellent mix of HARDWOOD and SOFTWOOD trees ... cut your own firewood, create trails!! Mostly level grade lot, and some beautiful exposed LIMESTONE BEDROCK natural features and wild flowers. Bruce Rd 9 is very well maintained paved road with year round curbside garbage/recycling pick-up. The Prefect County Setting to build a PERMANENT HOME or FOREST RETREAT ... 5-10mins to AMAZING RUSH COVE ON GEORGIAN BAY with pubic boat launch & 1,200ft of flat rock beach shoreline area and BRUCE TRAIL ACCESS. BARROW BAY (GEORGIAN BAY) public access 5mins as well. 8min drive to the Quant Village of LIONS HEAD (shopping, restaurants, hospital w/24hr Emerg, school, library, post office, marina & sand beach). Don't wait, this BRUCE PENINSULA ACREAGE LOT is a GREAT LOCATION!!

MLS number
X13769706
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0H 1W0
Photos
32
1days · this listing
301days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

301 days on the market across 2 listings
This listing shows 1 day on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

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 home 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.

$47,800 · minimum here is $11,950
$1,058.24per month
Borrowed before insurance$191,200
Total borrowed$191,200
Interest over 25 years at 4.5%$126,272

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$722.91per month out of pocket
Rent$398.00
Everything it costs to hold$1,120.91
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 RCR Realty. Listing data provided by the Toronto Regional Real Estate Board.