Investment signal

$1,490,000

PART LOT 3 CON GESTO / COUNTRY 12 ROAD

Beds

0

Baths

Sqft

Year

About this home

Prime 50.7-Acre Investment Opportunity in Essex County! Exceptional parcel ideally located beside the prestigious Sutton Creek Golf & Country Club, offering approximately 506 ft of frontage and an impressive 4,400 ft depth. This expansive property presents a rare opportunity to own a large tract of level, usable farmland in one of Southwestern Ontario's most desirable rural growth corridors. Perfect for investors, end-users, or land bankers - this property offers excellent potential to build a custom dream estate, hobby farm, or future country retreat. The generous frontage and depth provide flexibility for various agricultural and residential uses. Strategically positioned close to Windsor, major highways, U.S. border access, and growing communities, while still offering privacy and scenic surroundings near golf, trails, and recreational amenities. With limited supply of large acreage parcels in Essex County and increasing demand for land investment, this property represents a strong long-term hold with upside potential. Seller may consider a Vendor Take-Back (VTB) first mortgage for qualified buyers - a rare opportunity for flexible financing. Don't miss this rare opportunity to secure premium farmland in a rapidly developing region! (id:65958)

Subtype
Agriculture
MLS#
X13009704
Area
ESSEX
Negative cash flow ~$2,861/mo at these assumptions

Cash on cash

-11.52%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,461

Financing

Down payment$298,000
Loan amount$1,192,000
Mortgage$7,313/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$683
Insurance$80
Maintenance$1,242
CapEx reserve$621
Vacancy loss$373

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,313/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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