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.
ITS YOUR CHOICE: You can step back in time and enjoy the warmth and comfort of a homestead built back in the early 1800's, OR you can take advantage of a fabulous opportunity to create a new destination for Niagara Agri-Tourism, OR you can take the already subdivided 3 separate properties and explore other options such as executive homes or hobby farms. The possibilities here are truly endless. Included is a 3 bedroom, 3 bath farmhouse built in 1803, fully renovated in the 1970s. The home, previously featured in "Century Home" magazine, is complemented by Niagara's earliest historic swing beam barn built in 1819.The mature red oak lined driveway provides a spectacular sense of arrival to the hilltop house, surrounded by a beautiful natural landscape. Adjacent to the house is a productive heirloom apple and pear orchard. This includes heritage trees over 100 years old and 5 rare Swayze Apple trees named after the Swayze family that pioneered the region while owning the farm. The 94-acre site has 66 acres of farm fields, 11 acres of mature oak and sugar maple bush, and 16 acres of beautifully treed valley, dominated by the spring fed Swayze Creek with potential for trout fishing. The barn is in good shape. It was recently featured in "Swing Beam Barns of Niagara" by local historian Hugh Fraser. Combine history, food, art, entertainment, and weddings with facilities dedicated to branded product grown and produced on site. Bringing this historic property into the future, the Harley-Swayze Farm could potentially become a prominent new player in the Agri-Tourism world for which Niagara is justly famous. Visionary concept plans have already been drawn up to illustrate the significant potential that might be embraced by new owners upon purchasing the farm. With quick access to/from Highway 406, this is a great spot for the development of a cidery, a brewery, or even a winery. Schedule an appointment, bring your imagination and come see for yourself!
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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$11,531/mo
Mortgage (principal + interest)$10,998
Property taxFrom listing: $6,387/yr$532
Minimum 20% ($588,000 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$588,000
Ontario land transfer taxProvincial brackets, no first-time refund$59,975
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$650,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Thorold 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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