The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Prime 99.5-Acre Farmland in Arran-Elderslie. An excellent opportunity to own nearly 100 acres of agricultural land in a desirable farming area of Arran-Elderslie. Situated at the corner of Bruce Road 40 and Side Road 25, just west of Dobbinton, this property offers a combination of workable acreage, pasture and natural maple bush. The property features approximately 65 workable acres (acreage has not been GPS-measured), 25 acres currently used for pasture and approximately 10 acres of maple bush. The land has recently been rented for both cash cropping and pasture, offering flexibility for a variety of agricultural uses. The majority of the soil is Waterloo Sandy Loam. The Seller estimates approximately 40 acres are systematically tile drained, with an additional estimated 25 acres of random tile drainage in the northwest portion of the property. Looking to build your dream home in the country? This property also offers an attractive potential building location, providing an opportunity to establish your own rural retreat while investing in your future. Whether you're expanding an existing farming operation, investing in agricultural land or envisioning a country property to call your own, the possibilities are worth exploring! No existing buildings. A well is located near the former barn foundation. Any future building plans are subject to applicable municipal approvals. HST is in addition to the purchase price.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,158/mo
Mortgage (principal + interest)$5,050
Property taxFrom listing: $1,292/yr$108
Minimum $110,000 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$270,000
Ontario land transfer taxProvincial brackets, no first-time refund$23,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$296,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Arran-Elderslie has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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