5490 Fallowfield Road

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$3,750,000

5490 Fallowfield Road

Btwn Franktown Rd. & Fallowfield Rd., Ottawa · MLS® X13590652

81 sq ft · Land · Vacant Land · 95 days on market

listed by ARJAN LEEUWERKE, RE/MAX CENTRE CITY REALTY INC.

realtor's description

Located on the southwest corner of the Fallowfield Road and Eagleson Road intersection, this property offers an excellent location for future development. It is situated 2.2 km south of the residential developments on Hope Side Road and 4.5 km west of Highway 416. The property features 77.5 acres of systematically tile-drained fields with productive North Gower Clay Loam soils, providing outstanding cropping potential and strong rental demand from local farmers. It offers over 4,000 feet of frontage on Eagleson Road and over 1,200 feet on Fallowfield Road. Available services include natural gas along Fallowfield Road and water/sanitary sewer along Eagleson Road. Additionally, the property includes an older storage barn measuring approximately 40' x 150'. Land in this area rarely comes to market. With its prominent corner location and potential for valuable future uses, this property represents a significant investment opportunity.

property details

type: Land, Vacant Land
living area: 81 sq ft
parking: 0
property tax: $2,157 / yr
days on market: 95
MLS®: X13590652

monthly cost

$16,518/mo

Mortgage $16,338 · Tax $180

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

estimated payment

$16,338/ monthly

loan $3,000,000

25-year amortization

down payment20% · $750,00020%+ 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: $1,901,517
cash to close: $750,000; down payment; transfer tax and fees not included
total paid: $4,901,517

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