$ 1.625.000

4061 Simpson Line, Merlin

14 Photos

4061 Simpson Line, Merlin, ON N0P1W0 Photo 2

4061 Simpson Line, Merlin, ON N0P1W0 Photo 3

4061 Simpson Line, Merlin, ON N0P1W0 Photo 4

4061 Simpson Line, Merlin, ON N0P1W0 Photo 5

4061 Simpson Line, Merlin, ON N0P1W0 Photo 6

4061 Simpson Line, Merlin, ON N0P1W0 Photo 7

MLS®: 40563130
Type: Farm and Ranch

Added: 35 days ago

Property Details

73 Acre cash crop farm located just north of Lake Erie between Merlin and Romney ON. Approximately 71 acres of tiled land currently planted in wheat. Land is currently rented by a local farmer but lease will not carry over with sale. Services include natural gas, three phase power and water. There is currently a lease in place with Krugar Energy who has a facility on the property covering approximately 2.2 acres. The lease in place generates $10,000 annually and has six years remaining. A portion of property taxes are paid by lessee. GPS and soil fertility maps are available. Productive Brookston clay soil with strong yield history. Available for Spring closing. Farm just 2 km north of Lake Erie. Land has 2 road frontages. (id:1945)

Best Mortgage Rates

Property Information

Basement: None
Utilities: Natural Gas
Directions: From Port Alma, Talbot Trail, proceed North on Port Road 2km to Simpson Line. Go West on Simpson Line. 2km to farm. Property on North side of Simpson Line.
Lot Features: Southern exposure
Photos Count: 14
Water Source: Municipal water
Lot Size Units: acres
Common Interest: Freehold
Subdivision Name: Wheatley
Tax Annual Amount: 1876
Lot Size Dimensions: 73.8
Zoning Description: AG

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Nearby Places

Name	Type	Address	Distance
Merlin, Ontario	It lies five kilometres due north off the shores o...		7.8 km
Chatham-Kent—Essex	Chatham-Kent—Essex (formerly known as Kent—Essex) ...		10.4 km
Chatham-Kent—Essex (provincial electoral district)	It elects one member to the Legislative Assembly o...		10.7 km
Fletcher, Ontario	It lies north of the shores of Lake Erie...		12.3 km
South Buxton, Ontario	The population is approximately 78...		13.2 km
Buxton National Historic Site and Museum	William King and an association which included Lor...		14.6 km
Buxton National Historic Site & Museum	Museum	N Buxton	14.6 km
Wheatley Provincial Park	Park	Wheatley	17.0 km
The Lighthouse Inn	Restaurant	Lakeside Dr.	20.6 km
Chatham-Kent Airport	The Chatham-Kent Municipal Airport is owned and op...		21.6 km
Smith & Wilson Estate Wines	Food	8368 Water St	22.4 km
Tim Hortons	Cafe	500 Bloomfield Rd	22.5 km

Similar Farms Stat in Merlin

We have found 1 Farm and Ranches that closely match the specifications of the property located at 4061 Simpson Line with distances ranging from 2 to 0 kilometers away. The prices for these similar properties vary between 1,625,000 and 1,625,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Farm and Ranches in the N0P1W0 postal code area of Merlin Ontario Canada.

4061 Simpson Line mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 4061 Simpson Line. The current price of the property is $1,625,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,300,000. This would result in a monthly mortgage payment of $7,599 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	20
Bachelor's degree	70
University / Below bachelor level	15
Certificate of Qualification	10
College	55
University degree at bachelor level or above	95

Neighbourhood Marital Status Stat

Married	125
Widowed	5
Divorced	25
Separated	5
Never married	125
Living common law	75
Married or living common law	200
Not married and not living common law	155

Neighbourhood Construction Date

1961 to 1980	45
1981 to 1990	20
1960 or before	130

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