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.
Tomato land. Approximately 11 acres of workable garden loam fertile soils systemically tiled. Ideal for growing tomatoes, sweet corn, strawberries or other vegetable crops. Plus soybeans or field corn. Or rent out the land and shop for extra income. Enjoy country living, peace and privacy on this 12.5 acre farm. Located minutes from Chatham or Dresden, this well maintained 3 bedroom, 1 bath, move in ready bungalow offers a spacious living room, eat in kitchen, main floor laundry plus a huge family room in the lower level and recreation area for a pool table and storage. A new bathroom and newer lvp floors in the bedrooms and lvt tile in the kitchen and hallways. A steel roof and new windows and doorsOffering 2100 sq ft of total living space, 3 sources of heat, a rear covered deck for family entertainment. A coloured steel clad pole barn 56x 36 includes a separated workshop with a concrete floor, a hoist for repairing equipment with 2 sliding doors 14x14 for large equipment access. This would make an ideal workshop for on farm manufacturing with plenty of storage on the other side. Close to the 401 this would be an ideal property for a truck driver!
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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$3,444/mo
Mortgage (principal + interest)$3,227
Property taxFrom listing: $2,614/yr$218
Minimum $61,250 down for this price; the slider moves in whole percent, starting at 8%. 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$172,500
Ontario land transfer taxProvincial brackets, no first-time refund$13,725
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$189,025
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Chatham-Kent 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.
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