$1,450,000

$1,800,000For salePrice drop↓ $350,000 (19%)

3482 Lakeside Road, Otonabee-South Monaghan - Agriculture for Sale

3482 Lakeside Road, Otonabee-South Monaghan, Ontario, K0L2G0

4 beds2 baths8 parking1,750 ft²2086 × 2086 ft (99.89 acres) lotListed 21 days ago

Overview

This farm in Otonabee-South Monaghan is for sale offering roughly 1,750 sq ft of space. It has been on the market 21 days, fresher than the Otonabee-South Monaghan average of 97 days.

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Description

Productive farmland meets an exceptional setting on this approximately 100-acre property in Otonabee-South Monaghan Township, offering approximately 93 workable acres and spectacular panoramic views of Rice Lake from the elevated portion of the property. Predominantly Otonabee loam soil, the land has a long history of agricultural production, including corn, soybeans, barley, hay and mixed grains, and continues to be actively farmed today. Portions of the lower acreage are tile drained, and a large drive shed provides space for agricultural equipment and storage. The property also includes an older brick farmhouse, barn and silo, all requiring significant repair and restoration. With its substantial workable acreage, established agricultural use and remarkable views overlooking Rice Lake, this property presents an exceptional opportunity for farmers and agricultural investors seeking productive farmland in the Kawarthas. (id:66096)

Property Details

MLS®: X14032986
Property Type: Agriculture
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 2086 × 2086 ft (99.89 acres)
Frontage: 2,086 ft
Storeys: 2
Basement: Full, Other, See Remarks, N/A
Heating: Heat Pump, Propane
Cooling: Wall unit
Garage: Detached Garage, Garage
Waterfront: Yes
Property Tax: $4,355.23/yr
Listed

Rooms

Main level

Kitchen: 3.05 x 2.74 meters
Dining room: 3.96 x 4.57 meters
Bathroom: 1.22 x 2.44 meters
Library: 2.74 x 2.74 meters
Living room: 4.57 x 4.27 meters
Other: 3.96 x 6.1 meters

Second level

Bathroom: 1.52 x 2.13 meters
Primary Bedroom: 4.27 x 4.27 meters
Bedroom 2: 3.35 x 3.96 meters
Bedroom 3: 3.96 x 3.96 meters

Features

Appliances: Water Heater
Foundation: Stone, Block
Exterior: Brick
Lot Features: Rolling, Tiled, Hilly

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Otonabee-South Monaghan listings, avg age

97d

Price / ft²

$829

List price

$1.45M

Haho

This 4-bed agriculture in Otonabee-South Monaghan has been listed for 21 days, which is 76 days fresher than the city average of 97. Act while there is still low competition.

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Listed by RE/MAX HALLMARK EASTERN REALTY · January Ferguson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $1,450,000, about 18.4× the local median household income of $79,000.

Carrying it typically needs a household income of about $283,236 (20% down, 25-yr amortization, stress-tested) — roughly 259% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$1,450,000· $829/ft²

For sale

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