Homula Realty Brokerage
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53825 ZION Road, Wainfleet, ON L0S 1V0

2 beds · 2 baths · 1 kitchen · 6 rooms · 11 parking spaces · 700-1100 sq ft · Farm
$1,650,000
Property tax
$6,146 / year

Versatile 13.95-Acre Farm with Home & Commercial-Scale Greenhouse. Welcome to a rare opportunity for country living and commercial scale growing. Set on nearly 14 acres, this property is ideal for growers, agri-business owners, greenhouse operations or anyone seeking space, potential or country living with serious upside. 13.95 acres hobby farm with 24,000 sq ft greenhouse. Has the potential to be extended to 7 acres. This raised bungalow features 2+2 bedrooms, 2 full bathrooms, and a double garage. The home sits alongside a massive 24,000 sq ft climate-controlled greenhouse with 24 x 48 heated storage/ workshop . The greenhouse has 3 separate growing zones, upgraded hydroponic lighting (1200W) Zone 1: 38 lights, Zone2: 41 lights, Zone 3: 20 lights and 8 commercial-grade furnaces. The property is powered by a 400 amp,240V service, with standby natural gas generators and 4 commercial gas lines already in place. There is a water pump and filtration system, that draws from three interconnected ponds to provide potable water for greenhouse use. The greenhouse is fully enclosed, w/secured 8' fenced in area with a security gate. Additional features include: 30x34 ft 2 storey barn, with hydro. 3 ponds. Two 53' shipping containers, tractor, forklift, trimming machines, burn house all included. This is a rare turnkey operation for growers or entrepreneurs looking to scale. Solid infrastructure, versatile land use, and serious production capacity. Do not miss out ...Visit My Website for further information about this Listing!

MLS number
X12933370
Type
Farm
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
L0S 1V0
Photos
48
Laundry
Not in the unit
167days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 563 people.

$100,000Median household income
90.5%Own their home
94.4%Detached houses
38.8Median age
6.7%Born outside Canada
8.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260783 — the few blocks around this address, home to 563 people. It describes the area, not this property.

563Population
38.8Average age
3.1Household size
$97,000Average household income
$100,000Median household income
91%Own their home
10%Rent
0%Condominiums
7%Born outside Canada
8%University degree
$665,000Average home value
10%Low income
87%Not in the labour force
23%Never married
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,9999%
$200,000 and over8%

Percentages are of the 265 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$330,000 · minimum here is $330,000
$7,305.84per month
Borrowed before insurance$1,320,000
Total borrowed$1,320,000
Interest over 25 years at 4.5%$871,753

If you rented it out

-$7,818.01per month out of pocket
Rent$0.00
Everything it costs to hold$7,818.01
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.