6649 County Road 27 Road, Essa

$1,750,000
6649 County Road 27 Road

$1,750,000

New
162d
Detached1 1/2 Storey

6649 County Road 27 Road, Essa

Total Monthly Obligation $7,911

Beds
4
Baths
3
Park
20
Sqft
2000-2500
DOM
162d
Yield
1.8%
Cash on Cash
-15.2%
Cap Rate
1.3%
5Y IRR
3.8%
10Y IRR
5.5%
Property Type-Detached
MLS® Number-N13126164
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-267 × 618.19 ft
Listed on site-May 14, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$5,728 (2025)
Parking-22 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-MAVEN COMMERCIAL REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-East
Exterior-Board & Batten , Stucco (Plaster)
Roof-Metal
Foundation-Stone
Sewer-Septic
Possession-Seller desires to lease back
Neighbourhood-Thornton
Title-Residential Freehold

No agent assigned

Located within the Settlement Boundary of Thornton, this 3.8 acre property offers the potential for development, with access possible via the neighbouring Walton Lane. A positive pre-consultation with Town Planners resulted in their support for development viability of 6-8 residential estate lots on well and septic. The original farmhouse is in good condition, is well positioned to remain on-site. Sellers willing to lease back while waiting for development approval.

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Closing Costs

Mortgage Amount
$1,400,000
Land Transfer Taxes$31,475
Legal Fees (Est.)
$
Total cash required for closing$382,975

Total Monthly Obligation

$7,911/mo
Mortgage $7,059
Monthly Loss $6,054
Principal$1,858
Interest$5,201
Property Tax$477
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 6649 County Road 27 Road

Time

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