$1,850,000
Southwold
36067 Third Line, Southwold, Ontario, N0L2G0
This 4-bedroom, 3-bathroom home in Southwold is for sale offering roughly 1,750 sq ft of space. It has been on the market 14 days, fresher than the Southwold average of 118 days.
46 acre farm with a charming ranch style home and large 38 x 61 shop/barn. Private setting, mature trees and brick/stone combination on this home. Once inside the welcoming foyer, you will find a bright open kitchen with generous size eating area and quartz countertops. Adjacent to the kitchen is a formal dining room, living room with a cozy gas fireplace and plenty of natural light. The main floor also includes a master bedroom with 3pc ensuite, walk-in closet and 2 more bedrooms (one currently used as an office) and a main 4pc bathroom. Beautiful hardwood flooring throughout the main floor and modern tile in foyer. On the lower level you will find a large games room, a family room with a wood burning fireplace, a fourth bedroom and 2pc bath. Separate entrance to the lower level from the garage allows easy conversion to an in-law suite if desired. The attached garage is large and can easily accommodate a full size truck. Nature lovers will enjoy walking the trails through the woods to the 2 ponds. Solar income approx. 10k per year with contract expiring in 2031. Tenancy for the home is $33,000 per year. Shop is rented for $6,000 per year. Whether you are looking to farm it yourself, rent out the land, or enjoy as a hobby farm, this is your chance! Approximately 35 acres are workable, systematically tiled and currently planted into wheat. Convenient separate driveway to the shop/barn which features hydro, water and a 16 x 22 overhead door. New septic and raised bed 2022, new furnace & A/C 2021, fiber optics available for working from home, 220 amp upgrade 2008, gas generator with automatic transfer switch. Convenient location only minutes to the 401, and a short drive to St. Thomas or London. Country living at its best with paved road and municipal water. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 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 73 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Southwold has been listed for 14 days, which is 104 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 $1,850,000, about 18.5× the local median household income of $100,000.
Carrying it typically needs a household income of about $361,370 (20% down, 25-yr amortization, stress-tested) — roughly 261% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0L)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.