V/L Concession 5

Essex · MLS® 26011378

Land · Agriculture · 158 days on market

listed by MIKE TOMEK, MICHAEL TOMEK REALTY LIMITED

realtor's description

50 acres of cash crop land in a good location between Essex and Harrow. Quiet concession road would make for a nice spot for a country home or hobby farm as well. Additional income from oil well on property, contact listing agent for full details. Land is currently leased to a local farmer with rights to harvest this year's crop.

property details

type: Land, Agriculture
parking: 0
days on market: 158
MLS®: 26011378

features

Gravel Driveway

monthly cost

$3,921/mo

Mortgage $3,921

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$3,921/ monthly

loan $720,000

25-year amortization

down payment20% · $180,00020%+ 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: $456,364
cash to close: $180,000; down payment; transfer tax and fees not included
total paid: $1,176,364

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