Description

50 acres of cash crop land in a good location between Essex and Harrow. Quiet concession road would make for a nice spot for a country home or hobby farm as well. Additional income from oil well on property, contact listing agent for full details. Land is currently leased to a local farmer with rights to harvest this year's crop. (id:66096)

Property Details

MLS®: 26011378
Property Type: Agriculture
Zoning: A1.1
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Lot Size: 50.00 acres
Price per Acre: $18,000 per acre
Style: None
Ownership: Freehold
Listed: 170 days ago

Market Timing

Days on market

170d

Essex listings, avg age

67d

List price

$900K

Haho

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Area context

Neighbourhood profile (N0R)

This home lists at $900,000, about 8.4× the local median household income of $107,000.

Carrying it typically needs a household income of about $175,802 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.

Median household income: $107,000
Population: 50,203
Median age: 43.2
Owner / renter: 91% / 9%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N0R)

$900,000

For sale

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Financing

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V/L CONCESSION 5, Essex - Agriculture for Sale

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Neighbourhood profile (N0R)

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