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3682 Concession 6 Road, Rural Clarington

Price

$1,399,900

Bedrooms4 Beds

Bathrooms1 Baths

Size1500-2000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$8217.51

Maintenance FeesNot listed

Explore A Virtual Tour

Description

Picturesque 38 acre farm with incredible panoramic views offers a rare opportunity for hobby farmer, future equestrian, investment or prime location to build your dream home. Located just east of the historic Village of Orono, approx 2.5 kms south of Hwy 407 with over 1750ft of frontage/exposure on Hwy 115, this property offers multiple income streams and incredible opportunities for future agri-tourism business (farm market, Pumpkin patch, Xmas Trees, corn maze, agri events) anchored by the famous Jungle Cat World Wildlife Park. The existing 4 bedroom farm house can be renovated or removed for a blank canvas for the construction of your dream home. Ideal location for home business that requires space and quick access to Hwy's 115, 407 and 401 under 1 hr to downtown Toronto. Current income streams include a Rogers cell tower at the north end of the property paying $1384.25 per month (until 2031 with renewal options), farm and pasture leases as well as future rental income on the farm house. There is an existing 3 bay garage/shop with power as well as an older livestock barn, the perfect site for future riding arena or new barn/shop build. Three road frontages, approx 20 acres of prime, crop producing farmland plus an additional 10 acres in fenced pasture lands. This diverse property has unlimited potential for the right Buyer with vision. Farm house is solid but dated and requires updating. Barn in disrepair. Quick closing available.

Sale history for

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$5,714 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,119,920

Total Interest Payments

$690,499

Total Payment (Principal + Interest)

$1,810,419

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