Homula Realty Brokerage
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25348 Nairn Road, Middlesex Centre, ON N0M 1P0

3+1 beds · 3 baths · 1 kitchen · 7+3 rooms · 10 parking spaces · 1500-2000 sq ft · Farm
$1,499,900
Property tax
$5,692 / year

Rare find! Under 15 minutes to Hyde Park shopping. 49 acre farm just northwest of London with 31 farmable acres systematically tiled. Income from the annual land rent and permitted field sign. Beautiful country setting with gorgeous panoramic farmland views with meadows and woods. Creek meanders through property. Walking / ATV trail through the woods. 24' x 32' shop with 10'x10' overhead door. 3+1 bedroom ranch style family home shows very well and lower level is fully finished with walkout. Oversize 2 car attached garage. Beautiful country property minutes from the city and 30 minutes to Lake Huron beaches.

MLS number
X13770994
Type
Farm
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
N0M 1P0
Photos
49
Laundry
Not in the unit
3days · 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 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 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.

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 407 people.

$112,000Median household income
92.9%Own their home
100%Detached houses
48.4Median age
2.6%Born outside Canada
18.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390808 — the few blocks around this address, home to 407 people. It describes the area, not this property.

407Population
44.7Average age
2.6Household size
$124,000Average household income
$112,000Median household income
93%Own their home
7%Rent
0%Condominiums
3%Born outside Canada
19%University degree
$1,020,000Average home value
4%Low income
48%Not in the labour force
26%Never married
$25,000 to $29,9992%
$30,000 to $34,9992%
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over38%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,99912%
$200,000 and over10%

Percentages are of the 210 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.

$299,980 · minimum here is $124,990
$6,641.23per month
Borrowed before insurance$1,199,920
Total borrowed$1,199,920
Interest over 25 years at 4.5%$792,450

If you rented it out

-$7,115.57per month out of pocket
Rent$0.00
Everything it costs to hold$7,115.57
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 ADVANTAGE SANDERSON REALTY. Listing data provided by the Toronto Regional Real Estate Board.