Overview

This farm in Prince Edward County is for sale offering roughly 137 sq ft of space. It has been on the market 30 days, fresher than the Prince Edward County average of 120 days.

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Description

A significant agricultural landholding in the heart of Prince Edward County wine country. Offering 137 acres, including approximately 117 workable acres currently in cash crop, this is an opportunity to acquire productive farmland in a highly desirable PEC location. With more than 400 metres of frontage along Loyalist Parkway, the property offers impressive scale and accessibility, with the flexibility to continue farming the land or lease it to a local farmer. The scale and location also make it a compelling long-term land investment. Located in Hillier, the property is surrounded by the landscapes and experiences that have made this part of Prince Edward County so sought after. Wineries, acclaimed dining, the Millennium Trail, and provincial parks are all within easy reach, with Wellington and the shores of Lake Ontario nearby. (id:66096)

Property Details

MLS®: X13863194
Property Type: Agriculture
Zoning: A1
Interior Size: 137 ft²
Lot Size: 137 acres
Frontage: 1,433 ft
Price per Acre: $11,080 per acre
Property Tax: $2,068.81/yr
Listed: 30 days ago

Market Timing

Days on market

30d

Prince Edward County (Hillier Ward) listings, avg age

120d

Price / ft²

$11,080

List price

$1.52M

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This agriculture in Prince Edward County (Hillier Ward) has been listed for 30 days, which is 90 days fresher than the city average of 120. Act while there is still low competition.

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Area context

Neighbourhood profile (K0K)

This home lists at $1,518,000, about 18.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $296,519 (20% down, 25-yr amortization, stress-tested) — roughly 257% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$1,518,000· $11,080/ft²

For sale

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18497 Loyalist Parkway, Prince Edward County (Hillier Ward) - Agriculture for Sale