Overview

This farm in Bayham is for sale offering roughly 350 sq ft of space. It has been on the market 21 days, fresher than the Bayham average of 77 days.

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Description

This 133 Acre bare land parcel in Elgin County's East end is located 10km South of Tillsonburg and 3 Km East of Straffordville on the SE corner of Coyle Road and Heritage Line. This attractive block is made up of 103 productive workable acres and 27 acres of healthy woodlot, as well as an irrigation pond. The soil type here is pretty typical for the area, with sandy soil types typical for tobacco land and loved by produce growers, this soil also makes for productive cash crop land. This would be an excellent piece to add to your land base! (id:66096)

Property Details

MLS®: X14030170
Property Type: Agriculture
Zoning: A1
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Parking: 0
Interior Size: 350 ft²
Lot Size: 3351 × 1825 ft (140.37 acres)
Frontage: 3,351 ft
Basement: None
Heating: Other
Garage: No Garage
Property Tax: $1,270.57/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Bayham listings, avg age

77d

Price / ft²

$6,180

List price

$2.16M

Homes here sell slower than most markets

Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This agriculture in Bayham has been listed for 21 days, which is 56 days fresher than the city average of 77. Act while there is still low competition.

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Area context

Neighbourhood profile (N4G)

This home lists at $2,160,000, about 28.8× the local median household income of $75,000.

Carrying it typically needs a household income of about $421,924 (20% down, 25-yr amortization, stress-tested) — roughly 463% above the area median.

Median household income: $75,000
Population: 21,519
Median age: 47.6
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4G)

$2,160,000· $6,180/ft²

For sale

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Financing

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8916 Coyle Road, Bayham - Agriculture for Sale