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Rural East Gwillimbury, East Gwillimbury
$6,999,000
216 ACRES ! Spectacular country farm available for sale for the first time in nearly 80 years. This farm is located within the fastest growing community in CANADA and is situated within minutes of the new Southlake Hospital ( being built) and a new proposed 1700 home+ development in Queensville. There are few acreage parcels of this size and quality in the GTA. The TWO Houses on the property allow the accommodation of 3 families. The main house is a large century farmhouse circa 1890 with a Napier Simpson addition, two family home with separate entrances and living space. One half has 4 bedrooms, while the other has three. This original portion of the home was built approx 1890 or earlier with 13 inch baseboards and 10 foot ceilings on the main floor. It is an elegant and stately home. There is also a detached bungalow accessible from Mill Rd. This property may have the possibility to obtain a fill permit from regional and local municipalities, for a 5 cubic acre previously quarried pit if certain conditions are satisfied at the time of application. Rarely does a farm of this size and quality become available with such a premium location. (Bank barn in photos has been removed)
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 3500-5000 sq. ft. |
| Property Tax | $7,314 |
| Lot Size | 2140 ft x 3232 ft |
| mls© Number | N12125429 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $35,824
- Property tax
- $609
- Heat allowance
- $150
- Housing costs
- $36,584 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$1,126,000
gross annual household income
- Payment at 4%
- $29,453 / mo
- Cash down
- $1,399,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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