For saleMLS® 26025698
3942 Simpson Line
Wheatley, N0P2P0
$4,375,000
- Type
- Rural
About this home
Attention Investors; a rare opportunity is available with these farms for sale. Located across the road from Lake Erie, this land has been owned and farmed by the same family for over 40 years. 5 Acres each for a total of 175 Acres (169 Acres of workable land). On the west farm there is a 104 foot by 40 foot shed and on the east farm there are 2 4500 bushel grain bins.
These are the first farms at the bottom end of the drain ditch that flows to Lake Erie. Updated plastic drainage has been installed on both farms. Natural gas, hydro and town water are at the property line(Talbot Trail, aka Hwy 3). There are no Oil, Energy, or Wind Turbine leases at the properties.
Property details
- Property type
- Farm
- Ownership
- Commercial
- Time on market
- 13 days on market
Features
The lot
- No Driveway
Location
Thinking about the area? Read my guide to Wheatley.
Estimate your payment
20% down. The minimum on this price is $875,000.
Your monthly payment
$19,372
- Mortgage amount
- $3,500,000
- Interest over the amortization
- $2,311,466
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.
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