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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Machar
About 7 Merripark Drive
Eagle Lake vacant lot! Not many lots still available for development on Eagle Lake. Beautiful smooth rock entry to sandy bottom shoreline. Wonderful view of the lake and all the activities it has to offer. Driveway and hydro have been installed. There is a 12X16 storage shed with hydro and an outhouse to get you started. Access is via year round municipal road. Eagle Lake is located approx. 10Km west of Hwy 11 and the Village of South River.
Machar land priced at $350,000 — book a tour to see if it fits your search.
Inside 7 Merripark Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
7 Merripark Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13698582$350,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 Merripark Dr Compares to the Machar Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
There isn’t enough local sales data to estimate this home’s value yet. The comparable sales and market numbers are the best guide.
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
$1,719
/mo
based on the purchase price of $350,000
$70,000 cash
$280,000 financed
$235,833 total interest
Principal54%$280,000
Interest46%$235,833
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
Own a home on Merripark Drive? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
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Book a tour of 7 Merripark Dr with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 7 Merripark Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
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.
Not enough recent sales in Machar to publish sold figures (fewer than 5 in the last 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7 Merripark Dr
How much is 7 Merripark Dr listed for?
7 Merripark Dr is listed at $350,000 (MLS® X13698582). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7 Merripark Dr changed?
No — 7 Merripark Dr is still listed at its original asking price of $350,000.
How many bedrooms and bathrooms does 7 Merripark Dr have?
The listing for 7 Merripark Dr doesn't publish its bedroom and bathroom count. It is a lot in Machar.
How much would the monthly mortgage be on 7 Merripark Dr?
About $1,719 a month — principal and interest on $350,000 with 20% down ($70,000), 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.
Has 7 Merripark Dr been sold before?
Summitly has no earlier MLS® sale or lease of 7 Merripark Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Merripark Dr?
7 Merripark Dr is in Machar, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Merripark Dr been on the market?
56 days — 7 Merripark Dr was listed on August 20, 2026.
What is the lot size of 7 Merripark Dr?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 7 Merripark Dr?
About $3,725 in Ontario land transfer tax at the asking price of $350,000. 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 7 Merripark Dr 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 7 Merripark Dr?
The listing for 7 Merripark Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Machar.
When was 7 Merripark Dr built?
The listing for 7 Merripark Dr doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.