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.
142 ACRE FARM ON THE EDGE OF GODERICH!! Excellent opportunity to secure affordable farmland near the shores of Lake Huron nestled up against "Canada's Prettiest Town".Approximately 70+ WORKABLE ACRES with the balance in wetlands/bush. Lovely 4 bedroom, 2 bath home(1880) extensively renovated over the past few years. Cheerful kitchen with spacious "eating area", stainless appliances and beautiful countertops. Cozy den with wood fireplace leading to formal living room. Bright and comfy sunroom with views of the fields. Bedrooms are generously-sized. Geothermal heating. Tree-lined laneway leading to large shed/barn with stalls plus a detached 3-car garage..THE PERFECT RECREATIONAL FARM FOR NATURE LOVERS! This property is protected under the "Ontario Farm Trust" perserving its nature with walking trails and ponds. Beautiful country setting but still close enough to the beach, fantastic restaurants & shopping. IF TRANQUILITY AND PRIVACY IS AT THE TOP OF YOUR LIST....THIS IS IT!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$10,108/mo
Mortgage (principal + interest)$9,352
Property taxFrom listing: $9,067/yr$756
Minimum 20% ($500,000 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$500,000
Ontario land transfer taxProvincial brackets, no first-time refund$48,975
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$551,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Central Huron 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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