58 Mersea 12 Road, Leamington, ON

$1,650,000
MLS#:X11910333
0 beds
0 baths
Residential Freehold
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Property Highlights

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.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Acres
  • 0.0 total parking spaces available
  • Notable attributes: None
  • Efficient heating via other

Description

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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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date1/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural StyleOther
ConstructionOther
BasementNone
CountyEssex
Annual Tax$2,429.2
Legal DescriptionPT LT 13 CON B MERSEA AS IN R780201, R522829 EXCEPT PT 1, 12R4898, PT 2, 3, 12R19401; LEAMINGTON

Parking & Garage

Parking Spaces0.0

Heating & Cooling

Heat SourceOther

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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58 Mersea 12 Road, Leamington, 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 58 Mersea 12 Road, Leamington, ON N8H 3V7

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 Leamington.

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Interest Rate5.25%
Down Payment$330,000 (20.0%)
* Minimum Canadian down payment required for this price is $330,000.
Amortization Period25 Years
Estimated Monthly Payment$7,866Based on a loan of $1,320,000 over 25 years.
Purchase Price$1,650,000
Loan Amount$1,320,000
Provincial Land Transfer Tax:$29,475
Total Estimated Closing Taxes:$29,475

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.

Nearby Listings

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No current listings found in Leamington.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Leamington, Leamington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,252,864

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

Queen Elizabeth
Public4 Maxon Avenue, Leamington, Ontario, N8H 2E2
5.5
Saint-Michel
Public33 Sherman Street, Leamington, Ontario, N8H 5H6
3.9
Gore Hill
Public1135 County Road 20, Leamington, Ontario, N8H 3V7
4.8
Margaret D Bennie
Public259 Sherk Street, Leamington, Ontario, N8H 3K8
5.3
Mount Carmel Blytheswood
Public622 Mersea 5 Road, Leamington, Ontario, N8H 3V5
5.0

Secondary Schools

Leamington
Public80 Oak Street, Leamington, Ontario, N8H 4W4
4.3
Cardinal Carter
Public120 Ellison Street, Leamington, Ontario, N8H 5C7
8.4

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.