195 Second Concession Road
Princeton, N0J 1V0
$9,315,000
- Bedrooms
- 3 + 2
- Bathrooms
- 3
- Interior
- 2,200 ft²
- Lot
- 205 acres
- Type
- Rural
About this home
This 205-acre former tobacco farm offers an exceptional combination of productive agricultural land and an A+ location for a long-term land hold, situated less than 2,000 feet from an approximately 400-acre Industrial/Employment Corridor and less than two minutes from Highway 403. Approximately 175 acres are workable, predominantly comprised of Brady and Fox series of Sandy Loam Soils, well suited to specialty crops such as tobacco and ginseng, as well as potatoes, grains, beans and commercial vegetable crops. The property features an expansive raised bungalow offering approximately 4,300 sq.
ft. of finished living space across two levels, with 5 large bedrooms, 3 bathrooms, a second kitchen and a walkout lower level with a massive great room. A completely separate detached second house provides additional accommodation and is equipped with a kitchen, bathroom and attached garage, while an additional bunkhouse with its own kitchen provides further on-site accommodation for farm workers. Agricultural buildings include a substantial 112' x 50' barn and 112' x 50' shed, a heated and insulated shop area, 200 X 40 Greenhouse along with 9 Box Kilns for drying tobacco.
Natural gas service, ponds and surface irrigation infrastructure are already in place, and the property is well suited for a large-scale livestock or poultry operation. Combining 205 acres of quality farmland, substantial agricultural buildings and a strategic location near Highway 403 and a major Industrial/Employment Corridor, this property presents a excellent opportunity for both agricultural use and long-term land-holding potential.
Property details
- Property type
- Farm
- Ownership
- Freehold
- Age
- 31-50 Years
- Property taxes
- $8,900
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Full, Finished
- Water
- Drilled Well
- Sewer
- Septic Tank
- Lot
- 205 acres
- Zoning
- A
- Time on market
- 85 days on market
- MLS® number
- 40855499
Features
Inside
- Auto Garage Door Remote(s)
- Ceiling Fan(s)
- In-Law Floorplan
Outside
- Brick
- Metal roof
The lot
- Highway Access
- Industrial Park
- Tiled/Drainage
Included with the home: Dryer,Garage Door Opener,Range Hood,Refrigerator,Stove,Washer,Negotiable
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Kitchen | Main | 10' × 14' | |
| Family Room | Main | 13' × 14' | |
| Living Room | Main | 16' 7" × 16' 9" | |
| Laundry | Main | 7' × 8' | |
| Breakfast Room | Main | 15' × 14' | |
| Dining Room | Main | 20' × 13' | |
| Bedroom Primary | Main | 14' 6" × 13' 6" | |
| Bedroom | Main | 11' 6" × 14' | |
| Bedroom | Main | 12' 6" × 14' | |
| Bathroom | Main | 5+ Piece | |
| Bathroom | Main | 2-Piece | |
| Great Room | Lower | 34' × 30' | |
| Bedroom | Lower | 12' × 14' | |
| Bedroom | Lower | 14' 6" × 14' 10" | |
| Kitchen | Lower | 12' × 15' 3" | |
| Bathroom | Lower | 3-Piece |
Location
Estimate your payment
20% down. The minimum on this price is $1,863,000.
Your monthly payment
$41,245
- Mortgage amount
- $7,452,000
- Interest over the amortization
- $4,921,441
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
| $0 to $55,000 | 0.5% | $275.00 |
| $55,000 to $250,000 | 1.0% | $1,950.00 |
| $250,000 to $400,000 | 1.5% | $2,250.00 |
| $400,000 to $2,000,000 | 2.0% | $32,000.00 |
| $2,000,000 to $9,315,000 | 2.5% | $182,875.00 |
Ontario land transfer tax
$219,350
- Tax before any refund
- $219,350.00
- You pay on closing
- $219,350.00
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.
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