Description

NEWLY APPROVED SURPLUS FARM LAND SEVERANCE. Motivated Sellers. Are you a bona fide farmer looking to add to your operation in Dufferin County? Look no further than this 42 acre parcel of prime agricultural land in Amaranth. Currently being worked by a tenant farmer, this would be a great addition to any local operation. A new farm entrance has been installed on 4th Line. No residential building will be permitted on this land. Purchaser must be a bona fide farmer with a current farming operation. House, outbuildings and approximately 3 acres of land around them not included in sale. Taxes not yet assessed. (id:66096)

Property Details

MLS®: X13797888
Property Type: Agriculture
Business Type: Agriculture, Forestry, Fishing and Hunting
Zoning: Prime Agricultural
Lot Size: 42 acres
Frontage: 305 m
Price per Acre: $20,236 per acre
Listed: 48 days ago

Market Timing

Days on market

48d

Amaranth listings, avg age

85d

List price

$850K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This agriculture in Amaranth has been listed for 48 days, which is 37 days fresher than the city average of 85. Act while there is still low competition.

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Area context

Neighbourhood profile (L9W)

This home lists at $849,900, about 7.7× the local median household income of $110,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $110,000
Population: 48,790
Median age: 40.4
Owner / renter: 81% / 19%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9W)

$849,900

For sale

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Financing

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245097 5th Sideroad, Amaranth - Agriculture for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L9W)

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