Homula Realty Brokerage
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261 Wingle Road, Brudenell, Lyndoch and Raglan, ON K0J 2E0

Farm
$799,000

Exceptional 108-Acre Rural & Commercial Opportunity At 261 Wingle Rd! A Rare Property Offering An Impressive Combination Of Land, Residential Space, Commercial Infrastructure & Future Potential. The Property Consists Of Approximately 90% Woodlands & Brush And 10% Farmland, Complete With A Large Outdoor Pond & Seasonal Flowing Stream. Zoned RM (Rural Marginal) & HC (Tourism Commercial), Providing Versatility For A Variety Of Potential Uses. A Major Highlight Is The Approx. 12,000 Sq. Ft. Warehouse, Built In 2019 With An Investment Of Over $1 Million & Equipped With Water, Heating, A/C, Ventilation, Lighting & A Dedicated Electrical Transformer With Capacity Up To 600V. Property Features Two Deep Wells, Including Separate Water Supply For The Residence & Warehouse, Plus Propane Heating. The Main Detached Residence Offers Over 3,000 Sq. Ft. With 4 Bedrooms & 3 Bathrooms & Was Previously Operated As An Inn/Guesthouse. A Second House Offers The Potential To Be Converted Into A 2-Bedroom, 1-Bathroom Residence. An Additional Detached Storage Building Of Approx. 600-700 Sq. Ft. Provides Even More Functional Space. Government-Maintained Road Access. An Outstanding Opportunity For Investors, Business Owners, Agricultural Users Or Those Seeking A Unique Live/Work Property With Significant Acreage & Infrastructure.

MLS number
X13769732
Type
Farm
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
K0J 2E0
Photos
33
Property tax
$5,344 / year
1days · this listing
1days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home 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.

Work out the numbers

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

$159,800 · minimum here is $54,900
$3,537.80per month
Borrowed before insurance$639,200
Total borrowed$639,200
Interest over 25 years at 4.5%$422,140

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,651.13per month out of pocket
Rent$1,332.00
Everything it costs to hold$3,983.13
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 FIRST CLASS REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.