397 Relative Road, Armour, ON P0A 1C0

For Sale 85 days on Market MLS® X12466404

Asking Price

$240,000

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Overview

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10 acres of mostly treed land, approximately 10 minutes from Burks Falls and 30 minutes from Huntsville, with easy access to Highway 11. The mature trees provide good privacy from the road and neighbouring properties, and there is a possible building envelope on the lot worth seeing in person. The zoning permits a range of uses - a residential home, bed and breakfast, market garden, livestock, or home-based business. It's a flexible piece of land with room to consider your options. The sellers are offering a vendor take-back mortgage on this property. In simple terms, that means the seller acts as the lender rather than a traditional bank or financial institution. For rural land purchases, where conventional financing can sometimes be more complicated, this can be a good option. If you're looking for rural land to build your dream home, you could start here!

Lot Size

0.9 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityArmour

Postal CodeP0A1C0

Lot Dimensions137.41 × 285.00 ft

Exterior & Land

Sewer: None

Utilities & Services

Heat SourceWell

SewerNone

Financial Information

List Price$240,000

Days on Market85

MLS® X12466404 • Listed by Royal LePage Lakes Of Muskoka Realty

397 Relative Road, Armour, ON P0A 1C0

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Purchase Calculator

Home Price

$240,000.00

Location

Down Payment

$50,400.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

397 Relative Road, Armour, ON P0A 1C0

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