Homula Realty Brokerage
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555463 Mono-Amaranth Townline, Mono, ON L9V 0Z1

2 beds · 1 bath · 1 kitchen · 6 rooms · 10 parking spaces · 700-1100 sq ft · Farm
$1,999,999
Property tax
$2,635 / year

123.67 Acres of Farm Land in Mono Township. 75 Workable acres currently rented out and the crops are not included in the sale. Recent crops were corn, soybean and fall wheat. 50 Acres of mixed hardwood bush with a pond and some open space. Perfect to creating your own oasis and still be on the farm - the perfect StayCation!! The location of the farm is fantastic and easy to get to. A portion of the property is under NVCA. This is prime Agricultural Zoning area and with the Farm Tax Rebate Program the taxes are only $2,634.65. The old brick farm house needs some TLC. One of the Sellers will show the successful buyer through the buildings when a conditional offer is reached. No entry into the buildings without the owner's representative present.

MLS number
X13485536
Type
Farm
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
L9V 0Z1
Photos
33
80days · 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 645 people.

$110,000Median household income
86.7%Own their home
97.7%Detached houses
45.2Median age
14.4%Born outside Canada
22.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220077 — the few blocks around this address, home to 645 people. It describes the area, not this property.

645Population
43Average age
2.9Household size
$108,000Average household income
$110,000Median household income
87%Own their home
13%Rent
7%Condominiums
14%Born outside Canada
23%University degree
$1,140,000Average home value
7%Low income
46%Not in the labour force
24%Never married
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over36%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,99911%
$200,000 and over11%

Percentages are of the 330 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.

$400,000 · minimum here is $400,000
$8,855.56per month
Borrowed before insurance$1,599,999
Total borrowed$1,599,999
Interest over 25 years at 4.5%$1,056,670

If you rented it out

-$9,075.15per month out of pocket
Rent$0.00
Everything it costs to hold$9,075.15
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 Professionals North. Listing data provided by the Toronto Regional Real Estate Board.