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For saleMLS® 40825540

5017-4879 Highway 3

Simcoe, N3Y 4K4

$4,000,000

Type
Rural

About this home

Rare opportunity to acquire 193 acres of prime farmland with approximately 168 workable acres. Fertile Berrien Sandy Loam soil and systematically tiled at 30 ft spacing provide excellent drainage and productivity. Non-tillable land is productive pasture, adding further utility and value.

Includes 4879 Highway 3 and 5017 Highway 3, all of which must be sold together as one package. Ideal for expanding farm operations or long-term investment in quality land.

Property details

Property type
Farm
Ownership
Freehold
Property taxes
$3,843
Zoning
A,HL
Time on market
190 days on market
MLS® number
40825540

Location

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

Estimate your payment

20% down. The minimum on this price is $800,000.

Your monthly payment

$17,711

Mortgage amount
$3,200,000
Interest over the amortization
$2,113,340

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 $2,000,0002.0%$32,000.00
$2,000,000 to $4,000,0002.5%$50,000.00

Ontario land transfer tax

$86,475

Tax before any refund
$86,475.00
You pay on closing
$86,475.00

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.

Listed by Leo Carnevale, CENTURY 21 PEOPLE'S CHOICE REALTY INC. BROKERAGE.

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40825540.

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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