Pt Lt 59 Queen Street

Rodney, West Elgin · MLS® X13860624

7 sq ft · 7 sq ft lot · Land · Agriculture · 19 days on market

listed by JENNIFER HENDERSON, JUST FARMS REALTY

realtor's description

An exceptional opportunity awaits with this +/- 7 acre parcel located in the growing community of Rodney, Ontario. Zoned Future Residential, this property offers potential for developers or investors looking to build in an area poised for expansion. Situated just minutes from Highway 401, the location provides convenient access to major centres, just 50 minutes to London, 40 minutes to Chatham, and only 10 minutes to Lake Erie and Port Glasgow. The property's strategic setting near existing residential neighbourhoods and town amenities makes it an excellent choice for future development or investment. Services include natural gas, hydro and municipal water. Could be purchased with adjoining farm parcel (65 acres) as well as farm parcel to the south (53 acres).

property details

type: Land, Agriculture
living area: 7 sq ft
lot: 7 sq ft
parking: 0
property tax: $420 / yr
days on market: 19
MLS®: X13860624

features

Irregular lot size

monthly cost

$2,388/mo

Mortgage $2,353 · Tax $35

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

estimated payment

$2,353/ monthly

loan $432,000

25-year amortization

down payment20% · $108,00020%+ 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: $273,818
cash to close: $108,000; down payment; transfer tax and fees not included
total paid: $705,818

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