281 Concession 2 Townsend
Scotland, N0E 1R0
$899,900
- Lot
- 50 acres
- Type
- Rural
About this home
6-acre parcel of sandy-loam farmland in Norfolk. Comprised of approx. 28 workable acres and the rest in bush and air strip/runway space. The land has most recently been farmed in a cash crop rotation by a tenant farmer and all but approximately 2 acres have grown ginseng. The A zoning permits a home to be built here. There is a natural gas well on the property, producing more than enough (free) gas for household use and then some.
Hydro and high-speed internet available at the road. Add to your existing land base or begin your farmland investment right here. This is a nice block of ground, having 129’ of frontage on a quiet paved road, 15 mins from Hwy 403 access. Do not miss this opportunity, book your private viewing today.
Property details
- Property type
- Farm
- Ownership
- Freehold
- Property taxes
- $1,162
- Lot
- 50 acres
- Zoning
- A
- Time on market
- 182 days on market
- MLS® number
- 40827600
Features
The lot
- School Bus Route
Location
Estimate your payment
20% down. The minimum on this price is $64,990.
Your monthly payment
$3,985
- Mortgage amount
- $719,920
- Interest over the amortization
- $475,449
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 $899,900 | 2.0% | $9,998.00 |
Ontario land transfer tax
$14,473
- Tax before any refund
- $14,473.00
- You pay on closing
- $14,473.00
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.
Similar homes nearby
Other rural homes for sale close by, at a similar price.
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- 1 bath
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- 3 baths
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