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3388 Concession Road 3 , Newcastle

Price

$7,988,000

Bedrooms5 Beds

Bathrooms5 Baths

Size2000-2500 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$5773.79

Maintenance FeesNot listed

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Description

Welcome to Russet Ridge Estate, a 71.82 acre estate less than an hour from the Greater Toronto area and minutes from Highway 401, 407 and 115. Are you an outdoor enthusiast seeking privacy? Does being surrounded in nature with the ability to live off your land appeal to you? The owners of this estate have protected the nature of the lands for over 50 years. Agricultural zoning (A1) and Environmental protection (EP). Custom bungalow with 5 bedrooms and 4 1/2 bathrooms with over 4000+ sq. ft. of total living space and attached 2 car garage. Stunning views from the extra large deck overlooking one of the 3 spring feed ponds. An abundance of wildlife calls this land home including majestic bald eagles, wild turkey, deer, blue herons, turtles, ducks and much more. Approximately 1/2 mile of Wilmot Creek runs through the property enabling you to experience migrating salmon in the fall and a variety of trout fish in the spring. 3 spring fed ponds with small mouth bass, plus additional natural springs provide an abundance of potable water. 15-acre orchard with Golden Russet, Mcintosh, Cortland and Empire apples. Outbuildings include: 4000 sq. ft. industrial workshop with hydro and well,1500 sq ft. animal barn with hydro, well and hay loft, 972 sq ft garage/ hobby shop with hydro and diesel, 816 sq. ft. classroom portable with hydro, bathroom and kitchenette beside the industrial workshop plus a Farm Gate market shed, Two picnic shelters with fire pits Stunning topography includes meadows, trails, gardens with wildflowers and forests making this a truly magical setting with much to do all year around. Must be seen in person to be fully appreciated.

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The Property Location

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Total Monthly Payment

$29,177 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$6,390,400

Total Interest Payments

$3,940,071

Total Payment (Principal + Interest)

$10,330,471

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together