$1,590,000
West Grey
343509 North Line, West Grey, Ontario, N0C1K0
This farm in West Grey is for sale offering roughly 1,300 sq ft of space. It has been on the market 49 days, fresher than the West Grey average of 91 days.
A rare opportunity to own a true multi-generational Grey County farm. Located in the former Glenelg Township, now part of the Municipality of West Grey, this approximately 100-acre farm has been in the same family for over a 100 years and is now being offered by the third generation to farm the property. For approximately 30 years, the farm operated primarily as a beef cow/calf operation supporting approximately 40 cows. Of the total acreage, approximately 70 acres are workable, historically used for pasture and hay production, with roughly 20 acres periodically cultivated as part of a crop rotation. Over the past five years, the workable land has been rented to a local farmer for hay production. In 2022, several fence rows were removed and access points widened to create a large, more workable field on the west side, improving the efficiency and versatility of the land. At the rear of the property are approximately 15 acres of mixed hardwood bush, adding privacy, recreational appeal and a beautiful natural backdrop. The property is improved with a 1-1/2 storey farmhouse that has seen numerous updates over the years while retaining the character of a long-held family farmstead. Soil mapping identifies the front as Sargent Loam with the rear showing as Pike Lake Loam. With productive acreage, established agricultural history, hardwood bush and more than a century of family ownership, this is a special opportunity for farmers, rural buyers or anyone looking to establish their own legacy in West Grey. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 91 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 70 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed agriculture in West Grey has been listed for 49 days, which is 42 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,590,000, about 18.7× the local median household income of $85,000.
Carrying it typically needs a household income of about $310,583 (20% down, 25-yr amortization, stress-tested) — roughly 265% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0C)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.