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$1,599,000
Southwold
11786 Parson Road, Southwold, Ontario, N5P3T2
This 6-bedroom, 5-bathroom home in Southwold is for sale offering roughly 2,750 sq ft of space. It has been on the market 13 days, fresher than the Southwold average of 118 days.
Welcome to this stunning 2020 custom-built farmhouse, beautifully situated on approximately 19 acres of scenic land. Offering approximately 4,500 sq. ft. of finished living space, this exceptional property features 6 bedrooms, 5 bathrooms, and 2 dens, providing plenty of room for large or multi-generational families. The impressive main living area showcases a grand living room with soaring 18-ft ceilings, modern finishes, and spacious principal rooms throughout. The fully finished basement features a separate entrance, 2 bedrooms, 2 dens, 2 full bathrooms, and 2 kitchens, offering excellent flexibility for extended family, guests, or potential rental income. Ideally located just minutes from London, St. Thomas, and Highway 401, and approximately 2 minutes from the Amazon Fulfillment Centre, this property combines peaceful country living with outstanding accessibility. Additional features include a 48' x 32' barn with horse stalls, a 24' x 30' auto shop, chicken coop, oversized garage, and ample parking for trucks, trailers, and RVs. With hobby-farm potential, investment opportunities, modern upgrades, and potential rental income of up to $5,000 per month, this unique property offers endless possibilities. A rare opportunity to enjoy acreage, space, income potential, and convenience-all in one exceptional property. Don't miss it! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 118 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 74 days on the market over the past year, against a median of 48 days across the markets we publish.
This 6-bed single family in Southwold has been listed for 13 days, which is 105 days fresher than the city average of 118. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,599,000, about 20.6× the local median household income of $77,500.
Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 303% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.