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.
Once in a blue moon a property like this becomes available. Located in the heart of West Carleton on the banks of the Carp River, this 200-acre generational farm has it all: a sprawling all-brick bungalow with a 2-car attached garage, barns & outbuildings suitable for a variety of livestock, 78 tile-drained tillable acres for hay or cash crop & mature forest for riding trails, hunting or lumber harvesting. This property consists of 2-100 acre parcels, each with its own PIN. The RU zoning is believed to allow 2 severances for each PIN, potentially creating 6 total parcels (TBC by the buyer). Keep the full 200 acres together to start your own legacy or divide the property for an immediate return on your investment. This property also abuts the only hydro corridor in Ottawa's west end, which has capacity for larger scale green energy projects that can turn unproductive land into a lucrative revenue stream.The approximately 2,600-sq-ft home has been lovingly maintained, featuring a new roof in 2019 and a water source heat pump installed in 2023. The open concept kitchen & dining area is perfect for large gatherings of family and friends, or you can enjoy a quiet movie night in the sunken living room. The main floor also boasts a generously sized primary bedroom with an ensuite, 3 additional bedrooms complete with built-ins, a 4-piece bathroom, a powder room, laundry & an office. The unfinished basement is a blank canvas ready for your vision.The 75' x 36' bank barn is a showpiece of local heritage - with a 60' x 26' L-shaped addition, & a 20' x 34' lean-to. A 48" deep plank handcrafted staircase connects the lower level to the open loft, which features exposed beams & wide plank floors. Traditionally a dairy, it could easily convert to an equestrian stable (room for up to 20 stalls in two areas) Nearby, an ivy-covered 62' x 19' storage building with a 17' x 35' addition adds utility & appeal. Every board & beam came from here - connecting home, family and the land.
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Estimated Rental Income
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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$7,858/mo
Mortgage (principal + interest)$7,463
Property taxFrom listing: $4,741/yr$395
Minimum 20% ($399,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$399,000
Ontario land transfer taxProvincial brackets, no first-time refund$36,375
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$438,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Carp - Dunrobin - Huntley - Fitzroy and Area 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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