Welcome to this remarkable Other farm located in the coveted neighborhood of Leamington. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,650,000 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.
Welcome to this 98 acre farm with 89 acres workable, all in one field. The farm is located on a corner lot that allows for excellent access to the farm from Mersea Road 12 on the West or Mersea Road B on the North. The Clay soil is very productive and great for rotational cash crops. This farm had an amazing yield of Soys in 2024! This great location near Leamington would allow you to increase your land base with this bare land parcel as well as A1 zoning would allow for residence to be built on the farm.
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Data-driven valuation for 58 Mersea 12 Road, Leamington, ON N8H 3V7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Leamington.
About Purchasing a Home in Leamington, ON
For a property listed at $1,650,000 in Leamington, the legal minimum down payment is $330,000 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 $29,475 for this transaction. As this listing is in Leamington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $29,475.
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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.