Pt Lt 180 Talbot Trail

Romney, Chatham-Kent · MLS® X12481062

204 sq ft · 204 sq ft lot · Land · Agriculture · 365 days on market

listed by PHILIP CHABOT, JUST FARMS REALTY

realtor's description

Welcome to a rare opportunity to own over 203 acres of prime farmland with views of Lake Erie just outside Port Alma. With 202 acres of systematically tiled Brookston clay soils, this property delivers exceptional yields - 215 bushel corn in 2023 and a soybean average of 55 bushels for 2024 and 2025. Enjoy seamless road-to-road access and the added benefit of two income generating turbines producing $18,500 annually, with the current lease set to renew in 2026. There is an excellent tenant that would be available to rent the farm for 2026 crop year should a new owner be considering a tenant. A beautiful blend of productivity and potential.

property details

type: Land, Agriculture
living area: 204 sq ft
lot: 204 sq ft
parking: 0
property tax: $7,056 / yr
days on market: 365
MLS®: X12481062

monthly cost

$16,430/mo

Mortgage $15,842 · Tax $588

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

estimated payment

$15,842/ monthly

loan $2,908,800

25-year amortization

down payment20% · $727,20020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,843,711
cash to close: $727,200; down payment; transfer tax and fees not included
total paid: $4,752,511

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