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$8.5M total
—
Asset Class
Land
Size
—
Building class
C
Zoning
AG — Agricultural
$ / SF
—
Occupancy
91%
Lot Size
107 ac
A rare opportunity to secure one of Centre Wellington's most significant strategic landholdings. Encompassing approximately 107 acres, including 75 workable acres, this exceptional property is immediately adjacent to the Centre Wellington Settlement Area Boundary, placing it in a highly desirable location where future growth and development are anticipated. As Centre Wellington continues to experience strong residential and commercial expansion, the demand for additional lands to accommodate long-term growth is expected to continue. With existing neighbourhoods located nearby and municipal infrastructure advancing toward the south end of Fergus, this property is exceptionally positioned as a potential future expansion area. Properties bordering an established settlement boundary are increasingly scarce, making this an outstanding opportunity to invest in a substantial landholding with significant long-term upside. In the meantime, the property offers an exceptional rural lifestyle and productive agricultural operation. The beautifully restored 3,810 sq. ft. stone home has been thoughtfully updated while preserving its historic character and features 4 bedrooms, 2 bathrooms, spacious living areas, and quality craftsmanship throughout. Complementing the residence is a remarkable early 1900s bank barn, large drive shed, and mature wood lot. Whether your vision is to enjoy a distinguished country estate, continue farming, or acquire a premier investment property with exceptional future potential, this offering represents a unique opportunity to own a landmark farm in one of Wellington County's most sought-after growth corridors. Large, contiguous land parcels in this location rarely become available, making this a legacy investment for today and the generations ahead. (id:66811)
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Monthly debt service
$39K
Projected NOI
$422K
Annual cash flow
$-49K
Cash-on-cash
-1.91%
DSCR
0.90
Going-in cap
4.97%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
116,424
Households
50,682
Median income
$71,500
Median age
41.7
Daytime population
130,281
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 996 SCOTLAND STREET, Centre Wellington (Fergus).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.