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Investment signal

$1,475,000

29712 ESTERVILLE ROAD

Save this home

Beds

3

Baths

2 full + 1 half

Sqft

Year

Type

Agriculture

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chatham-Kent (Dresden). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Set along quiet Esterville Road just outside of Dresden, this 54 acre farm offers a balanced mix of workable land, comfortable living, and practical outbuildings. With approximately 32 acres currently workable, the property presents both immediate utility and future potential.The setting is peaceful and private, yet remains conveniently close to town, allowing you to enjoy the rhythm of rural life without giving up day to day accessibility.The home is well maintained and thoughtfully laid out, offering three bedrooms and a fully finished basement. A dual heating system provides flexibility and efficiency, with a forced air propane furnace complemented by a wood burning stove in the lower level.The farm itself was formerly operated as a mink farm, though it has been inactive for many years. For those looking to expand the workable acreage, there is a clear opportunity to remove the existing barn structures and reclaim additional land.A separate driveway leads to the main outbuildings, creating a functional division between the residence and working areas. Of particular note is the 42' x 42' heated shop, equipped with three phase power and plumbing, an ideal space for a home based business, workshop, or potential rental income stream.This is a property that offers versatility, whether you are looking to farm, operate a business, or simply enjoy a well rounded rural lifestyle with room to grow. (id:65958)

Subtype
Agriculture
Architectural style
Bungalow
Community
Dresden
Lot dimensions
878 x 2268 FT
Bedrooms
3 above grade
Parking
8 total
Stories
1
Fireplace
1
On market
Apr 3, 2026
Status changed
Apr 22, 2026
Annual tax
$3,334.44 (2025)
Zoning
AGRICULTURAL
Photos
27
MLS#
X12955002
Area
CHATHAM-KENT_(DRESDEN)

Features and systems

Parking

No Garage

Basement

Partially finishedFull

Heating

Forced airNot knownNot knownNatural gasWood

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Poured Concrete

Lot

Irregular lot sizeFlat site

Utilities

ElectricityCable
Negative cash flow ~$1,572/mo at these assumptions

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,030

Financing

Down payment$295,000
Loan amount$1,180,000
Mortgage$5,979/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$676
Insurance$80
Maintenance$1,229
CapEx reserve$615
Vacancy loss$369

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $5,979/mo at 4.5% with 20% down, 30-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 22, 2026.

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