0 Frank Ritchie Road, Hamilton Township, ON

$499,000
MLS#:X9371893
0 beds
0 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Hamilton. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 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 1319.87 x 3290 ft lot size
  • Convenient other garage included
  • Notable attributes: Other

Description

*Priced for Recreational Use/Christmas Tree Business/Recreational Use*. 99 Stunning Acres, Successfully Operated for the Last 20 Years as a Christmas Tree Farm Selling Approximately 1500 "Cut your Own" Christmas Trees per Year. Great For Recreational Enthusiasts and Family Business Owners Alike. Christmas Tree/Recreational Business Opportunity, or Land Bank this Piece of Property for Future Use. Views of Both Lake Ontario and Rice Lake and a Rich Diversity of Trees on Site Including European Larch, White Pine, Red Oak, White Oak, Black Cherry, White Birch. Existing Vegetation Also Includes; Apples, and Various Berries (Blueberries and Raspberries).

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Property Summary

This vacant land located at 0 Frank Ritchie Road, Hamilton Township is currently for sale and has been available on SousaSells for 657 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 Frank Ritchie Road, Hamilton Township is in the Rural Hamilton neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 15, 2025
Sold price information is available to members only
Listed Date9/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size1319.87 × 3290 Feet
CountyNorthumberland
Annual Tax$1,552.48
Legal DescriptionSee attached

Parking & Garage

Garage TypeOther

Heating & Cooling

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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0 Frank Ritchie Road, Hamilton Township, ON
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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 0 Frank Ritchie Road, Hamilton Township, ON K9A 4J7

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Hamilton Township, ON

For a property listed at $499,000 in Hamilton Township, the legal minimum down payment is $24,950 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 $6,455 for this transaction. As this listing is in Hamilton Township (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Hamilton, Hamilton Township.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$964,980

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

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Secondary Schools

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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.