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5121 Township Road 120
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Beds
4
Baths
3
Sqft
1,939
Year
1980
Type
Single Family
On market
308d
Endless Possibilities on this Expansive Property with 70.70 acres – Sustainable Living Meets Income PotentialDiscover the perfect blend of peaceful country living and incredible investment opportunity. This unique property offers tremendous potential for value appreciation, thanks to ongoing development in the surrounding neighborhood. Whether you're looking to live off the land, build an income-generating business, or simply enjoy the tranquility of nature, this land delivers.Live sustainably with installed solar panels and a huge garden area ready for your green thumb. The property includes pens for livestock, making it ideal for raising chickens, goats, ducks, or starting a hobby ranch. With ample acreage, the land is well-suited for farming, homesteading, or eco-conscious living.Prairie views and a peaceful atmosphere make this an excellent location to develop an Airbnb business. Picture cozy cabins, tiny homes, or even glamping sites — a retreat your guests will want to return to year after year.The possibilities are as wide as the horizon. Whether you're dreaming of sustainable living, an agritourism venture, or a scenic short-term rental escape, this property is ready to bring your vision to life. This property features a 40x100 Quonset, 20x50 Workshop, 16x32 horse barn, 26x26 heated garage, 24x24 carport, 24x24 deck above carport. New Shingles on Quonset, garage, & house (2025). (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Laundry room | 7.50 Ft x 12.00 Ft | |
| Family room | 16.83 Ft x 17.08 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Den | 10.92 Ft x 13.33 Ft | |
| Office | 10.75 Ft x 10.58 Ft | |
| Storage | 6.50 Ft x 9.83 Ft | |
| Storage | 6.50 Ft x 9.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 11.75 Ft x 9.33 Ft | |
| Kitchen | 11.75 Ft x 16.17 Ft | |
| Living room | 13.33 Ft x 23.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 12.00 Ft x 17.33 Ft | |
| Bedroom | 11.33 Ft x 11.92 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.92 Ft x 15.33 Ft | |
| 3pc Bathroom | — | |
| Primary Bedroom | 14.67 Ft x 19.25 Ft | |
| Other | 10.00 Ft x 7.33 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.58%
Cap rate
3.55%
GRM
16.7
Break-even rent
$5,846
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Dunmore. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.