$2,995,000
Est. payment $13,261/moCalculate yours
8863 Wellington 124 Road, Erin, ON N1H 6H7
Rural Erin, Erin, ON N1H 6H7
- 3 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY MLS® X13738452
About this home
Investment land - 19.11 acres adjacent to existing residential subdivision in the hamlet of Ospringe at the intersection of Highway 124 & 125. 3 bedroom farmhouse, 2200 SqFt bank barn, 7200 SqFt coverall. Generate income while waiting on development. The opportunity is waiting for you. **EXTRAS** vendor financing available. Re-zoning and due diligence the responsibility of the buyer.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Full, Unfinished
Building & Systems
- Heating
- Radiant (Oil)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 841.51 x 1113.1 Feet
- Parking
- None garage · 20 total
Financial
- Property Taxes
- $2,874 (2025)
Location
- Neighbourhood
- Rural Erin
- Cross Street
- Hwy 124 & Hwy 125
- Direction Faces
- South
Listing
- MLS® Number
- X13738452
- Days on Market
- 46
- Listed On
- 2026-09-02
- Possession
- Flexible
- Listed By
- ROYAL LEPAGE MEADOWTOWNE REALTY
Rooms
Features
Interior
- Sump Pump
- Water Heater Owned
- Water Treatment
Pool
- None
- Included
- Water Softener, HWT, Fridge, Stove, Dishwasher, Washer, Dryer
- Excluded
- 70 x 50 Megadome Driveshed
Mortgage calculator
Estimated mortgage payment
$13,261 per month
- Principal and interest
- $13,261
- Property tax
- $239
- Condo fees
- $0
- Estimated monthly cost
- $13,501
Your mortgage
- Mortgage amount
- $2,396,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,582,364
Cash to close
- Down payment
- $599,000
- Land transfer tax
- $61,350
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $660,350
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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