42 SOLOMON Street, Blind River, ON

$148,900
MLS#:X12131375
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable land located in the coveted neighborhood of Blind River. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $148,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 567 x 394 ft lot size

Description

Amazing opportunity to own over 4 acres of prime land right in town and zoned for multi-residential use! Nicely treed with municipal services and natural gas available at lot line. Great potential for development.

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Key Features

0
Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date5/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size567 × 394 Feet
CountyAlgoma
Annual Tax$300
Legal DescriptionPCL 42-1 SEC M410; BLK 42 PL M410 COBDEN; BLIND RIVER

Parking & Garage

Garage TypeNone

Heating & Cooling

Features

Property Features

Interior Features

Security Features

No

Community Features

Location

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42 SOLOMON Street, Blind River, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 SOLOMON Street, Blind River, ON P0R 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Blind River.

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Interest Rate5.25%
Down Payment$7,445 (5.0%)
* Minimum Canadian down payment required for this price is $7,445.
Amortization Period25 Years
Estimated Monthly Payment$843Based on a loan of $141,455 over 25 years.
Purchase Price$148,900
Loan Amount$141,455
Provincial Land Transfer Tax:$1,214
Total Estimated Closing Taxes:$1,214

About Purchasing a Home in Blind River, ON

For a property listed at $148,900 in Blind River, the legal minimum down payment is $7,445 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,214 for this transaction. As this listing is in Blind River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,214.

Nearby Listings

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No current listings found in Blind River.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Blind River.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$699,633

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Saint-Joseph
Public44 Lawton Avenue, Blind River, Ontario, P0R 1B0
4.9
Blind River
Public19 Hanes Avenue, Blind River, Ontario, P0R 1B0
3.8
St Mary's
Public25 Michigan Avenue, Blind River, Ontario, P0R 1B0
4.5

Secondary Schools

W C Eaket
Public147 Woodward Avenue, Blind River, Ontario, P0R 1B0
4.1
Jeunesse-Nord
Public117 Youngfox Road, Blind River, Ontario, P0R 1B0
3.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.