$1,500,000

For sale

137662 Grey Road 12, Meaford - Agriculture for Sale

137662 Grey Road 12, Meaford, Ontario, N4L1W6

1 bath40 parking131 ft²131 acres lotListed 12 days ago

Overview

This farm in Meaford is for sale offering roughly 131 sq ft of space. It has been on the market 12 days, fresher than the Meaford average of 97 days.

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Description

This rare picturesque property offers over 131 acres of scenic rolling hills with more than 3700 ft of river frontage. It is the ideal location for your dream estate & provides a blank canvas for a state-of-the-art equestrian centre. The newly constructed 40' x 100' barn, completed in 2021, is fully insulated (spray foam), 2-inch thick spruce wood paneling throughout & designed to accommodate 12 stalls, a wash stall, a feed room, a tackroom & a full hay loft. 60 acres of fenced no spray/organic pasture land is ready for use. All paddocks are fenced with high-tensile coated steel & equipped for electric fencing. Six paddocks have water lines & multiple shelters. The thoughtful gate placements & double fencing layout was installed with fox hunts & cross-country events in mind. Extensive landscaping was completed in 2021, including a professionally laser levelled 200' x 400' outdoor arena with proper drainage, designed for large equestrian events or future 2nd barn building site. Multiple ponds have been constructed & farm road improvements include a reinforced bridge over the Minniehill Creek. The original farmhouse has undergone some interior renovations & has a new steel roof. You can utilize the existing farmhouse for stable hands or use while building your dream home on the rolling hills with exceptional views. The back 40 acres features a tree plantation (planted in 2011) that qualifies for the Ontario Managed Forest Tax Incentive Program, offering a 75% reduction in property taxes. The Vincent Silty Clay Loam soil is very fertile & has good drainage, perfect for cash crops & hay production. Along the Big Head River, you'll discover massive ancient cedars & excellent campsite locations. Enjoy canoeing down the river and fishing for trout all summer long. With over 2000 feet of highway frontage, this property also has potential for severance opportunities. This is a MUST SEE to truly appreciate the opportunities this stunning piece of land offers. (id:66096)

Property Details

MLS®: X14110326
Property Type: Agriculture
Zoning: A & EP
Bathrooms: 1
Parking: 40
Interior Size: 131 ft²
Lot Size: 131 acres
Frontage: 1,995 ft
Price per Acre: $11,435 per acre
Heating: Forced air, Not known
Cooling: None
Property Tax: $8,197/yr
Listed: 12 days ago

Services

Water: Lake/River Water Intake, Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Meaford listings, avg age

97d

Price / ft²

$11,450

List price

$1.50M

Homes here sell slower than most markets

Sold homes in this market spent an average of 65 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This agriculture in Meaford has been listed for 12 days, which is 85 days fresher than the city average of 97. Act while there is still low competition.

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Listed by Royal LePage Locations North · HEATHER MCGEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $1,500,000, about 20.1× the local median household income of $74,500.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 293% above the area median.

Median household income: $74,500
Population: 8,337
Median age: 54.4
Owner / renter: 78% / 22%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4L)

$1,500,000· $11,450/ft²

For sale

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