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Featured
Listed 10 days ago

798227 Third Line E

Rural Mulmur, Mulmur

$995,000

Detached|Bungalow-Raised
2 | 3 | 12
About this home

Great value in Mulmur! Located on a quiet country road just 15 minutes from the Village of Creemore, this 7-acre hobby farm offers a peaceful and private setting with everything you need for country living. The raised 2+1 bedroom bungalow features a bright, open-concept living space with a full wall of windows overlooking the property. The generous primary bedroom has a 3-piece ensuite and walk-out to the back deck. The second bedroom is currently set up as one large room but can easily be divided back into two bedrooms, giving you the option of a traditional 3-bedroom layout. The lower level offers a full in-law suite with its own separate entrance. Outside, the wrap-around deck takes in the surrounding views. The 9-stall barn is well laid out with a large, bright aisle, power, water and a lean-to section, giving you the option to keep horses out 24/7. Two large paddocks provide plenty of room for horses or other livestock. Another great feature is the large workshop with two large bay doors, along with plenty of room for trailer and machine parking. This property ticks all the boxes for anyone looking for a hobby farm, while the surrounding area offers amazing amenities for anyone who enjoys the outdoors including the Bruce Trail, skiing, golf and so much more.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,943
Lot Size418.11 ft x 758.52 ft
mls© NumberX13824036
Listed ByCHESTNUT PARK REAL ESTATE LIMITED

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,093
Property tax
$495
Heat allowance
$150
Housing costs
$5,738 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,000
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,187 / mo
Cash down
$199,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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