Overview

This lot in Wellington North is for sale. It has been on the market 30 days, fresher than the Wellington North average of 81 days.

Land for Sale in Wellington North →All real estate in Wellington North →

Description

The property is an 87-acre farm with approximately 52 workable acres. An additional 10 acres can quickly & inexpensively be brought into workable condition for a total of 62 acres workable. The property also has a large equipment storage shed (8,000 sq. ft, a 26 ft peak ceiling and three 14 ft height doors.).The property is on a paved road, close to provincial and county roads and has a private gravel laneway for quick field access. The property is located within a hour drive to Guelph and Orangeville. The property offers an opportunity for farmers & cash croppers to expand their agricultural operation. (id:66096)

Market Timing

Days on market

30d

Wellington North listings, avg age

81d

List price

$1.60M

Homes here sell slower than most markets

Sold homes in this market spent an average of 76 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Wellington North has been listed for 30 days, which is 51 days fresher than the city average of 81. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (N0G)

This home lists at $1,599,000, about 19.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 276% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$1,599,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

8449 Line 2, Wellington North - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N0G)

Book a showing

Need a commercial mortgage?