Business For Sale · Land

4958 WELLINGTON RD 125, Erin

4958 WELLINGTON RD 125, Erin, ON L7J2L9

$3.4M total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

Lot Size

98.89 ac

About this property

First time for sale in five generations. This distinctive A2 zoned farm offering useful outbuildings, income-producing farmland and long-term investment. Set on 98.89 acres, the 2001 updated custom-built 3 bedroom, 4 bathroom brick bungalow with 4,600 SF of living space, metal roofing and a part-finished walkout basement. The land provides endless lifestyle, recreational and income opportunities. +/- 40 acres cash crops and +/- 25 acres hay fields and space for animals, riding trails, maple syrup production, hunting and recreation or rental income. The 48 x 288 ft heated broiler barn equipped with a concrete floor, heat, water and hydro ideal for poultry, goats, sheep, cattle or storage. The 3,900+ SF bank barn features ground level stables & storage, a 40 ft x 80 ft drive shed is equipped with a heated workshop. The house main floor features a bright, eat-in kitchen with a large centre island and walk-out to a deck. A formal dining room, an open-concept great room create comfortable and inviting living areas for everyday enjoyment. The bedroom wing gives you spacious bedrooms plus a principal with an ensuite and walk-in closet. A laundry room and access to the 2 car garage add convenience. The walk out basement provides exceptional versatility with a 2nd kitchen, a 3-pc bath, a 2nd laundry room and separate access to the oversized two-car garage for extended family, guest accommodations or home office and business needs. Many updates include 2024 forced air gas furnace, central air conditioning and a metal roof (2014). Other outbuildings provide flexibility and rental income potential. OFA credits reduce property taxes. 2 drilled water wells. 2 separate driveways off paved road. Close to GO service, stores, shops, schools and churches. Property backs onto the Acton Golf Club. The property in the Town of Erin with an Acton municipal address. Small portion included in the GRCA. VTB financing maybe available to a qualified buyer, subject to mutually acceptable terms. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.39M
Down payment30% · $1.02M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$186K

Annual cash flow

$-2K

Cash-on-cash

-0.19%

DSCR

0.99

Going-in cap

5.48%

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.

Area demographics

Trade area within 3 miles of the property.

Population

59,013

Households

27,832

Median income

$109,500

Median age

33.1

Daytime population

93,601

5-yr growth

8.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4958 WELLINGTON RD 125, Erin.

NDA required
  • 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.