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3488 Skelding Road, Rural Clarington

Price

$1,799,900

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeHouse

Property Taxes$1605.96

Maintenance FeesNot listed

Explore A Virtual Tour

Description

185.997 Acres!! This farm is cash crop and managed woodland. There's over 100 acres of workable land and approx 55 acres of mixed hardwood and white pine bush. The balance of the land is tree lines or land that could be pastured or brought into production for crops. There are many uses for the land. RESIDENTIAL USES: Permission to Build a House!! At least 4 excellent building sites. One in the valley on Skelding Rd w/driveway and well. Hydro & Bell at lot line. The 2nd site w/driveway (logging road) off Best Rd into a treed area south of the 10th Con where there is 3 phase electrical power. The 3rd site is on one of the highest points of land. It has an amazing panoramic view spanning south to Lake Ontario & east/west for miles! A driveway would need to be built, but worth it! The 4th building site is on top of a hill & has a fantastic view. Driveway on site. All driveways mentioned are entrances to land currently used for farm equipment to work the land. Bunkhouse/Mobile Home permitted for additional accommodations. POTENTIAL INCOME SOURCES: Farming: Plant & harvest over 100 acres land w/natural drainage. Soybeans grown in 2024. Productive Woodlot for Maple Syrup, Logs/Timber, Firewood, etc. Forrest was logged approx 10 years ago and ready to be harvested again. Tenant Farmer: Seller willing to lease back land at current market rate. HUNTING: Abundance of wildlife cross the property including deer and wild turkeys. SEVERANCE: Current provincial policy/municipal By-law permits severance w/minimum of 200 acres. Do a lot line adjustment with a neighbour to acquire 15 more acres to get to 200 total, then split into two 100 acre parcels. Survey/reference plan available. Drilled well. Hydro/Bell available at property line. Very permissive zoning for farm uses. **EXTRAS** If sold after seeding, farmer has right to harvest crop. Vendor willing to hold loan with 50% down. Terms TBD.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$6,600 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,439,920

Total Interest Payments

$887,799

Total Payment (Principal + Interest)

$2,327,719

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together