36464 Mill Road, Bluewater (Stanley), Ontario, N0M1G0
This farm in Bluewater is for sale offering roughly 1,750 sq ft of space.
50-acre farm located on Mill Road at the edge of Bayfield, with 31 workable acres accessible off David Street, along with a solid family home and powered shop with concrete floor. This property presents multiple opportunities, including updating the current home to your taste or exploring the possibility of building your dream home in a beautiful country setting where deer frequent the fields. The workable land generates approximately $9,000 per year in rental income, with potential residential rental income of $26,000+ annually and additional potential from the shop. A surplus farm dwelling severance may also be possible for a qualifying agricultural buyer, subject to applicable policies and approvals. With its location near Bayfield and Lake Huron, desirable farmland and multiple potential uses, properties like this don't come along often. Virtually altered images have been included to show ideas for the site. Whether you're looking for your dream home with beautiful acreage, adding to your land base, or seeking your next investment, this property is worth exploring. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 128 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 72 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed agriculture in Bluewater (Stanley) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,349,000, about 14.8× the local median household income of $91,000.
Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 190% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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