7398 Langmaid Road, Clarington, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised farm located in the coveted neighborhood of Rural Clarington. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,900,000 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 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a spacious lot (Acres)
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- Efficient forced air heating via propane
Description
This is a Great Opportunity to own a working farm, over 155 acres with two road frontages. Most of the acreage is workable with partial tile drainage. The farm consists of a raised Bungalow and Drive shed. Excellent location close to 407 and the urban area including shopping and HWY's. Tenant Farmer has the right to remove their 2025 crop. HST is in addition to the purchase price. This property is perfect for Investors, and Farmers to expand their holdings and a family looking for country living. Check out the Video.
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Property Summary
This farm located at 7398 Langmaid Road, Clarington is currently for sale and has been available on SousaSells for 471 days. This property is listed at $2,900,000 with an estimated mortgage of $9,653* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 7398 Langmaid Road, Clarington is in the Rural Clarington neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7398 Langmaid Road, Clarington, ON L0B 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Clarington, ON
For a property listed at $2,900,000 in Clarington, the legal minimum down payment is $580,000 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 $58,975 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $58,975.
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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.