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960 Caistorville Road, West Lincoln, ON L0R 1E0

4 beds · 1 bath · 1 kitchen · 7 rooms · 11 parking spaces · 1500-2000 sq ft · Farm
$2,700,000
Property tax
$4,143 / year

Approximately 149.7 acres of land, including approx 120 workable acres of productive farmland, located in Caistor Centre, West Lincoln. The property offers approx 4,168.06 feet of frontage on Caistorville Road and approx 1,300.56 feet of frontage on Green Road, providing excellent road exposure and convenient access. The farm includes a well-maintained and livable two-storey home, built in 1950, features 4 bedrooms and 1 bathroom, offering a comfortable residence within this expansive agricultural property. Property taxes include the applicable farm rebate. The workable farmland is currently leased, crops excluded. This is an excellent opportunity to own a substantial agricultural property with significant workable acreage, a comfortable family home, and excellent road frontage in a desirable West Lincoln location.

MLS number
X13757714
Type
Farm
Status
Active
Bedrooms
4
Bathrooms
1
Postal code
L0R 1E0
Photos
15
Laundry
Not in the unit
10days · 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

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.

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

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 471 people.

$108,000Median household income
92.1%Own their home
100%Detached houses
46Median age
7.8%Born outside Canada
12%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260812 — the few blocks around this address, home to 471 people. It describes the area, not this property.

471Population
43.9Average age
2.7Household size
$139,000Average household income
$108,000Median household income
92%Own their home
8%Rent
0%Condominiums
8%Born outside Canada
12%University degree
$860,000Average home value
6%Low income
64%Not in the labour force
21%Never married
$35,000 to $39,9992%
$45,000 to $49,9994%
$50,000 to $59,9992%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over38%
$100,000 to $124,99910%
$125,000 to $149,99910%
$150,000 to $199,99912%
$200,000 and over6%

Percentages are of the 250 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.

$540,000 · minimum here is $540,000
$11,955.02per month
Borrowed before insurance$2,160,000
Total borrowed$2,160,000
Interest over 25 years at 4.5%$1,426,505

If you rented it out

-$12,300.27per month out of pocket
Rent$0.00
Everything it costs to hold$12,300.27
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 EVEREST REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.