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.

PT LT 10 CON 7 Bruce Road 6E Road, South Bruce, ON N0G 2J0

Land
$825,000

Discover the possibilities with this 47-acre vacant property located just outside Mildmay. The land is comprised primarily of mature maple bush, which has been producing maple syrup for many years and includes a small sugar shack tucked into the bush. The property also features a couple of smaller fields suitable for crop or pasture, along with a pond that adds to the natural appeal. The area is known for potential gravel deposits; however, no testing has been completed, and any future extraction would be subject to extensive investigation, approvals and applicable regulations. The property has building restrictions, although there may be a small area suitable for a future home, subject to municipal and county approvals. Buyers are encouraged to conduct their own due diligence regarding building opportunities, permitted uses and any potential aggregate resources. A unique opportunity for those looking for a recreational property, maple syrup operation, agricultural use or long-term investment close to Mildmay.

MLS number
X13782308
Type
Land
Status
Active
Bedrooms
0
Bathrooms
—
Postal code
N0G 2J0
Photos
10
Property tax
$734 / year
1days · 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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

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

$165,000 · minimum here is $57,500
$3,652.92per month
Borrowed before insurance$660,000
Total borrowed$660,000
Interest over 25 years at 4.5%$435,876

If you rented it out

-$3,714.09per month out of pocket
Rent$0.00
Everything it costs to hold$3,714.09
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 Wilfred McIntee & Co Limited. Listing data provided by the Toronto Regional Real Estate Board.