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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Marmora and Lake
About 297 River Heights
Discover the perfect opportunity to build your dream home on this beautiful, private treed lot in the welcoming community of Marmora & Lake. Offering approximately 1.5 acres of peaceful natural surroundings, this irregular lot provides excellent privacy while still being conveniently located just minutes from the town's amenities.A major advantage for buyers is that the property includes a water well and septic system, helping reduce future development costs. Survey available.Whether you're planning a year-round residence or a weekend retreat, you'll love the area's outdoor lifestyle. Enjoy nearby Crowe Lake, the Crowe River, public boat launches, fishing, kayaking, hiking trails, parks, beaches and year-round recreation, all just minutes away.Marmora offers the perfect balance of small-town charm and outdoor adventure while remaining within easy reach of Peterborough, Belleville and the GTA.
Marmora and Lake land priced at $159,900 — book a tour to see if it fits your search.
Inside 297 River Hts
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
297 River Hts Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13810276$159,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 297 River Hts Compares to the Marmora and Lake Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$786
/mo
based on the purchase price of $159,900
$31,980 cash
$127,920 financed
$107,742 total interest
Principal54%$127,920
Interest46%$107,742
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 297 River Hts with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 297 River Hts day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Marmora and Lake
Other homes for sale in Marmora and Lake around $160K.
Average days on market59Homes sold in about 59 days on average.
Sale-to-list ratio94.8%On average, homes sold below asking.
Active listings94Homes for sale here right now.
Median vs prior 90 days+11.4%Compared with May 18 – Aug 16, 2026: prices up.
Based on 30 sales from Aug 16 – Nov 14, 2026 (27 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 297 River Hts
How much is 297 River Hts listed for?
297 River Hts is listed at $159,900 (MLS® X13810276). Summitly updates the price as soon as the MLS® record changes.
Has the price of 297 River Hts changed?
No — 297 River Hts is still listed at its original asking price of $159,900.
How many bedrooms and bathrooms does 297 River Hts have?
The listing for 297 River Hts doesn't publish its bedroom and bathroom count. It is a lot in Marmora and Lake.
How much would the monthly mortgage be on 297 River Hts?
About $786 a month — principal and interest on $159,900 with 20% down ($31,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 297 River Hts compare with other homes in Marmora and Lake?
Its asking price of $159,900 is about 64% below the median sold price in Marmora and Lake over the last 90 days, $440,000, across 30 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 297 River Hts been sold before?
Summitly has no earlier MLS® sale or lease of 297 River Hts on record from the last two years. Older records aren't shown under TRREB rules.
Where is 297 River Hts?
297 River Hts is in Marmora and Lake, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 297 River Hts been on the market?
54 days — 297 River Hts was listed on September 21, 2026.
What is the lot size of 297 River Hts?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 297 River Hts?
About $1,324 in Ontario land transfer tax at the asking price of $159,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 297 River Hts or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 297 River Hts?
The listing for 297 River Hts doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Marmora and Lake.