Welcome to this remarkable Other farm located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium other 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.
Rarely does a property offer such a unique combination of productive farmland, natural beauty, and long-term investment potential. Situated on the edge of Allenford, this 172-acre farm presents an outstanding opportunity for farmers, investors, and landowners alike. Approximately 100 acres are currently in crop production, with additional acreage offering potential for further expansion. The farm features productive Harkaway silt loam soils and has been randomly tiled to support efficient agricultural use.Adding to the property's appeal are approximately 65 acres of mature bush, including a beautiful hard maple ridge that provides both recreational enjoyment and potential maple syrup production opportunities.This highly visible corner property boasts frontage along Highway 21 and Bruce Road 10. A standout feature is the approximately 17 acres zoned PD (Planned Development), which is identified for future development within the municipality's Official Plan, creating significant long-term upside potential.The property also includes a farmhouse with solid bones that is ready for renovation and customization, along with an older bank barn and equipment shed offering valuable storage and utility space.Whether you're looking to expand your farming operation, diversify your land holdings, or invest in a property with future development prospects, this exceptional Allenford farm offers a rare opportunity to own a substantial parcel within the town's growth boundary.
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Data-driven valuation for 7786 21 Highway, Arran-Elderslie, ON N0H 1A0
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About Purchasing a Home in Arran-Elderslie, ON
For a property listed at $2,500,000 in Arran-Elderslie, 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 Arran-Elderslie (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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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.