23849 Gibb Line

Rural West Elgin, West Elgin · MLS® X12503958

53 sq ft · 53 sq ft lot · Land · Agriculture · 355 days on market

listed by RICHARD VYN, JUST FARMS REALTY

realtor's description

Discover this 53.345 acre farm located just south of Wardsville, Ontario. This productive and versatile property with approximately 41 workable acres of fertile loam and clay loam soils is ideal for a variety of crops. The remaining 10 acres feature a beautiful mature woodlot at the rear, highlighted by stately oak trees ready for harvest. The land is part systematically tiled and part random (no maps available), with soil fertility data and yield history on hand for serious buyers. An unopened road allowance borders the east side of the parcel, and hydro is the only existing service. This property offers an excellent opportunity for farmers, investors, or anyone seeking a well balanced mix of productive farmland and managed woodland in a peaceful rural setting.

property details

type: Land, Agriculture
living area: 53 sq ft
lot: 53 sq ft
parking: 0
property tax: $1,150 / yr
days on market: 355
MLS®: X12503958

monthly cost

$3,908/mo

Mortgage $3,812 · Tax $96

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,812/ monthly

loan $700,000

25-year amortization

down payment20% · $175,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $443,687
cash to close: $175,000; down payment; transfer tax and fees not included
total paid: $1,143,687

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.