Overview

This farm in Woolwich is for sale offering roughly 350 sq ft of space. It has been on the market 36 days, fresher than the Woolwich average of 71 days.

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Description

offering nearly 20 acres, including about 13 workable acres, rolling farmland, mature tree cover, and multiple beautiful building sites overlooking the outskirts of the grand river. The property includes a vacant stone house that is in poor condition and is likely best suited for removal, creating an opportunity for a purchaser to reimagine the site for future rural, agricultural, or investment use.The land offers a mix of open fields, wooded areas, and natural privacy, with strong appeal for agricultural users with future land development in mind or those seeking a country property on the cities edge. Part of a rare three-property offering totalling approximately 109 acres. Offered together with 1000 Bridge Street East and approximately 73 acres on Ebycrest Road, this property forms part of a significant rural holding adjacent to the city boundary and only minutes from Breslau and Kitchener. (id:66096)

Property Details

MLS®: X13838032
Property Type: Agriculture
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Parking: 0
Interior Size: 350 ft²
Lot Size: 2051 × 450 ft (21.19 acres)
Frontage: 2,051 ft
Basement: None
Heating: Other
Garage: No Garage
Property Tax: $1,164.67/yr
Listed: 36 days ago

Market Timing

Days on market

36d

Woolwich listings, avg age

71d

Price / ft²

$5,136

List price

$1.79M

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This agriculture in Woolwich has been listed for 36 days, which is 35 days fresher than the city average of 71. Act while there is still low competition.

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Area context

Neighbourhood profile (N2J)

This home lists at $1,795,000, about 24.1× the local median household income of $74,500.

Carrying it typically needs a household income of about $350,626 (20% down, 25-yr amortization, stress-tested) — roughly 371% above the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$1,795,000· $5,136/ft²

For sale

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Financing

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