1970 Napperton Drive, Adelaide Metcalfe, ON

$2,500,000
MLS#:X9261045
4 beds
3 baths
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised farm located in the coveted neighborhood of Rural Adelaide Metcalfe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Spacious lot size measured in Acres
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Treatment
  • Efficient heating via propane

Description

Welcome to 1970 Napperton Drive, located between Kerwood and Strathroy, Ontario, in close proximity to HWY 402. This farm spans 101 acres, with 90 workable acres of clay Loam soil available for farming. The property includes a 50' x 80' drive shed for storage, 4 newer grain bins for crop storage and well as additional outbuildings. The home on this farm is a bright, 3-bedroom bungalow with a lower level featuring a spacious rec room with and a partially finished additional bedroom. Rear Deck and Front porch are lovely places to sit and enjoy this nicely landscaped, quiet place to call home. This home could also be severed by a qualified farmer. If you have been waiting for a productive farm to add to your land base, or the perfect farm to get started, then this is it.

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Property Summary

This farm located at 1970 Napperton Drive, Adelaide Metcalfe is currently for sale and has been available on SousaSells for 698 days. This property is listed at $2,500,000 with an estimated mortgage of $8,322* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 1970 Napperton Drive, Adelaide Metcalfe is in the Rural Adelaide Metcalfe neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 16, 2024
Sold price information is available to members only
Listed Date8/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFull, Partially Finished
CountyMiddlesex
Annual Tax$6,792.29
Legal DescriptionPT LT 8, CON 4, SER , BEING THE W 1/2 OF THE E 1/2 ; TOWNSHIP OF ADELA IDE METCALFE/ADELAIDE;

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane

Features

Property Features

Interior Features

Water Treatment

Security Features

None

Community Features

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Location

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1970 Napperton Drive, Adelaide Metcalfe, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1970 Napperton Drive, Adelaide Metcalfe, ON N0M 2B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Adelaide Metcalfe.

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Interest Rate4.00%
Down Payment$750,000 (30.0%)
* Minimum Canadian down payment required for this price is $500,000.
Amortization Period30 Years
Estimated Monthly Payment$8,322Based on a loan of $1,750,000 over 30 years.
Purchase Price$2,500,000
Loan Amount$1,750,000
Provincial Land Transfer Tax:$48,975
Total Estimated Closing Taxes:$48,975

About Purchasing a Home in Adelaide Metcalfe, ON

For a property listed at $2,500,000 in Adelaide Metcalfe, the legal minimum down payment is $500,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,975 for this transaction. As this listing is in Adelaide Metcalfe (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Adelaide Metcalfe, Adelaide Metcalfe.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,477,701

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.