Homula Realty Brokerage
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.

W PT LT 15 Sideroad 16B, Grey Highlands, ON N0C 1H0

Farm
$899,999

This nearly 101-acre property offers a strong mix of workable land set in the rolling countryside of Grey Highlands. Featuring approximately 37 workable acres of Donnybrook sandy loam, the land offers gently rolling topography with soil known for good drainage and versatility for a variety of agricultural uses. This property may appeal to those looking to expand an existing farming operation, establish a farm property, or invest in productive land with beautiful rural surroundings. The balance of the property consists of mature trees, wetlands, and a scenic creek/waterway running through the land, creating rolling fields, attractive topography, and beautiful long views across the landscape. This is a property that needs to be visited to be truly appreciated. The property has frontage on both a year-round municipal road and an unopened sideroad allowance currently used for access. Access from the year-round road is more limited due to the surrounding wetland and zoning characteristics, offering buyers an opportunity to further explore the property's future potential based on their intended use. Located 10 minutes north of Markdale and close to ski hills, hiking, and other four-season recreational amenities, this property combines workable land, natural surroundings, and a peaceful rural setting in Grey Highlands.

MLS number
X13210906
Type
Farm
Status
Active
Bedrooms
Bathrooms
Postal code
N0C 1H0
Photos
13
Property tax
$1,508 / year
107days · 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

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

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

$180,000 · minimum here is $65,000
$3,985.00per month
Borrowed before insurance$719,999
Total borrowed$719,999
Interest over 25 years at 4.5%$475,501

If you rented it out

-$4,110.67per month out of pocket
Rent$0.00
Everything it costs to hold$4,110.67
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 Summit Group Realty Brokerage. Listing data provided by the Toronto Regional Real Estate Board.