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For saleMLS® 40851494

1632 Highway 3

Delhi, N4B 2W6

$1,599,999

Interior
1,000 ft²
Lot
49 acres
Type
Rural

About this home

63 Acres of Endless Potential with Vendor Take-Back Financing Available! 63-acre farm, offering approximately 30 workable acres currently rented at $400 per acre annually, providing immediate income potential. Surrounded by nature, this unique property features a beautiful freshwater trout stream and pond, creating a peaceful country setting just minutes from shopping, schools, banks, and churches. The property includes a 3-bedroom home with an in-ground kidney-shaped swimming pool, a 100 x60' pack barn, pole barn, 2-car detached garage, large workshop, two 200-foot greenhouses, and numerous independent storage units formerly used for tobacco drying.

With fertile, productive soil suitable for a wide variety of crops, this property is ideal for farmers, hobby farmers, investors, or those seeking a country estate with income potential. A rare financing opportunity! The seller is willing to provide an attractive Vendor Take-Back (VTB) mortgage at a competitive interest rate, for a term of up to 3 years, subject to mutually agreed terms and buyer qualification.

A true diamond in the rough-bring your vision and unlock this property's incredible potential!

Property details

Property type
Farm
Ownership
Freehold
Age
Unknown years
Property taxes
$3,342
Heating
Forced Air
Cooling
Central Air
Sewer
Septic Tank
Lot
49 acres
Zoning
A
Time on market
101 days on market
MLS® number
40851494

Features

Outside

  • Asphalt Shing roof

Included with the home: Other

Rooms

Measurements are deemed reliable but not guaranteed.

KitchenMain12' × 10'
Living RoomMain16' × 13'

Location

Thinking about the area? Read our guide to living in Delhi.

Estimate your payment

20% down. The minimum on this price is $320,000.

Your monthly payment

$7,084

Mortgage amount
$1,279,999
Interest over the amortization
$845,335

An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.

Ontario land transfer tax

How the tax adds up

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $1,599,9992.0%$23,999.98

Ontario land transfer tax

$28,475

Tax before any refund
$28,474.98
You pay on closing
$28,474.98

For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.

Listed by Jason Colatosti, RE/MAX WEST REALTY INC.

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40851494.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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