Homula Realty Brokerage
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637166 Prince Of Wales Road, Mulmur, ON L0N 1S7

5+2 beds · 4 baths · 2 kitchens · 12+5 rooms · 14 parking spaces · 2500-3000 sq ft · Detached
$1,500,000
Property tax
$3,611 / year

Set among the rolling hills of Mulmur, this exceptional 31-acre property offers panoramic views, incredible privacy, and the rare opportunity to own 2 separate homes on 1 gorgeous lot. At the heart of the property is a gorgeous two-storey chalet featuring 5 above-grade bedrooms, complemented by a separate 2-bedroom bungalow-ideal for extended family, rental income, guests, or creating your own private family compound. The chalet is full of character and warmth, with wood features throughout, vaulted ceilings, oversized windows and a striking focal-point brick fireplace. The primary bedroom suite enjoys its own private deck and ensuite with a soaker tub, while the upper-level bedroom features a private balcony overlooking the spectacular landscape. Both upper bedrooms boast vaulted ceilings and beautiful views. The above-grade lower level offers additional living space with walkouts directly to the property, while the expansive wraparound deck is perfectly positioned to take in views for miles. Spend summer evenings watching the sunset, enjoying the stars and taking in the surrounding nature. A detached two-car garage provides plenty of room for vehicles, storage or a workshop. The separate 2-bedroom bungalow is updated and completely independent, with its own driveway and hydro panel, offering excellent flexibility for a rental, multigenerational living or additional family accommodations. Explore your own trails throughout the 31 acres and enjoy the space, privacy and possibilities that come with owning a property of this scale. Located just minutes from Shelburne and Orangeville amenities, with convenient access to Hwy 10 and Hwy 89, this is a rare Mulmur offering where beautiful countryside, versatile living and breathtaking views come together.

MLS number
X13773388
Type
Detached
Status
Active
Bedrooms
7
Bathrooms
4
Postal code
L0N 1S7
Photos
50
Laundry
Not in the unit
3days · 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 605 people.

$103,000Median household income
92%Own their home
98%Detached houses
47.6Median age
14.8%Born outside Canada
22.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220065 — the few blocks around this address, home to 605 people. It describes the area, not this property.

605Population
44Average age
2.4Household size
$126,000Average household income
$103,000Median household income
92%Own their home
8%Rent
0%Condominiums
15%Born outside Canada
23%University degree
$715,000Average home value
7%Low income
38%Not in the labour force
23%Never married
Under $5,0001%
$10,000 to $14,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$35,000 to $39,9991%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9997%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over35%
$100,000 to $124,99912%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over8%

Percentages are of the 375 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.

$300,000 · minimum here is $300,000
$6,641.68per month
Borrowed before insurance$1,200,000
Total borrowed$1,200,000
Interest over 25 years at 4.5%$792,503

If you rented it out

-$6,942.59per month out of pocket
Rent$0.00
Everything it costs to hold$6,942.59
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 EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.