44382 Ferguson Line, Central Elgin, ON
Property Highlights
Welcome to this remarkable Other farm located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,850,000 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 1990.27 x 2013.83 ft lot
- 0.0 total parking spaces available
- Notable attributes: None
- Efficient heating via other
Description
Whether you're looking to expand your farming operation or secure a rare rural building site with meaningful acreage, this 122-acre Elgin County farm offers both.The property includes over 60 acres of productive, workable farmland, with the potential to bring additional acres into cultivation. This makes it a strong addition to an existing land base, or an excellent opportunity for those planning to build a country home while renting out the workable acres in a competitive local land-rental market.The balance of the farm consists of bush and pastureland, providing privacy, natural beauty, and flexibility for a variety of uses. The land's layout and elevation contribute to a particularly attractive setting.Conveniently located between St. Thomas and London, along a paved section of Ferguson Line, the property also offers an excellent site for a future residence. A gently elevated area at the top of the hill presents an ideal location to build, with wide views across the surrounding countryside.This property offers flexibility rarely found, an ideal setting to build a country home, paired with productive farmland that adds both income potential and long-term value.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 44382 Ferguson Line, Central Elgin, ON N5P 3T3
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About Purchasing a Home in Central Elgin, ON
For a property listed at $1,850,000 in Central Elgin, the legal minimum down payment is $370,000 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 $33,475 for this transaction. As this listing is in Central Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $33,475.
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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.