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.
This is your chance to own 83 acres of picturesque farmland in the hamlet of Lawrence Station, Southwold. Located in Elgin County on a paved road and backing onto Highway 401, this versatile farm features approximately 69 workable acres, (with 15 acres fenced), plus 8 acres of fenced pasture currently occupied with grazing cattle all on a private natural setting. Rolling hills add to the picturesque rural setting, while mature bush and a tree lined lane provide privacy and a beautiful approach to the property. The property includes a spacious metal clad barn with water, hydro, concrete floors and an attached office, offering excellent potential for storage, livestock, and more.The home takes full advantage of the surrounding countryside with large windows and expansive views across the farm. Ready for a buyer's personal touch, the home offers a great opportunity to make the space your own. The main level features a bright living room with natural gas fireplace, dining room, eat-in kitchen and walkout to the side deck, as well as 2 bedrooms with large closets and a 5 piece bathroom. The lower level provides additional living space with a sitting room, recreation room, cozy wood burning fireplace, 2 additional bedrooms, laundry and a 4 piece bathroom.The property is serviced by a private septic system and a well with an abundant water supply, with municipal water available at the road. Natural gas and Bell fibre optic internet add modern convenience to this rural setting. With so much to offer, this 83 acre property is ready for its next owner to bring their vision and create the farm and country lifestyle they've been looking for.
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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$8,261/mo
Mortgage (principal + interest)$7,856
Property taxFrom listing: $4,854/yr$405
Minimum 20% ($420,000 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$420,000
Ontario land transfer taxProvincial brackets, no first-time refund$38,975
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$461,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Southwold 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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