Description

+/- 107.18 Acres Agricultural Zoned Land In Adjala-Tosorontio With +/- 2,701.17 Feet Frontage And Exposure On Hwy 89, Just West Of New Tecumseth. Located Next To Rosemont Village. +/- 76 Acres Farmable (Tbv). Crops Belong To The Tenant Farmer. Standard Offer For Court Appointed Sale Agent. Sale Subject To Court Approval. Allow 2 Months For Court Approval Of Offer **EXTRAS** Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment, (*Legal Description Continued: Ad8047; Adjala/Tosorontio) (id:66096)

Property Details

MLS®: N5878960
Property Type: Agriculture
Zoning: Osc + A
Interior Size: 107 ft²
Lot Size: 107 acres
Price per Acre: $17,727 per acre
Property Tax: $8,497.96/yr
Listed: 1380 days ago

Market Timing

Days on market

1380d

Adjala-Tosorontio listings, avg age

97d

Price / ft²

$17,757

List price

$1.90M

Haho

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Area context

Neighbourhood profile (L0M)

This home lists at $1,900,000, about 18.4× the local median household income of $103,000.

Carrying it typically needs a household income of about $371,137 (20% down, 25-yr amortization, stress-tested) — roughly 260% above the area median.

Median household income: $103,000
Population: 37,226
Median age: 39.6
Owner / renter: 83% / 17%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0M)

$1,900,000· $17,757/ft²

For sale

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8961 Highway 89, Adjala-Tosorontio - Agriculture for Sale