975 Concession Drive, Southwest Middlesex

$1,200,000
975 Concession Drive

$1,200,000

New
22d
DetachedBungalow

975 Concession Drive, Southwest Middlesex

Total Monthly Obligation $5,629

Beds
2
Baths
1
Park
10
Sqft
700-1100
DOM
22d
Yield
2.4%
Cash on Cash
-13.0%
Cap Rate
1.8%
5Y IRR
5.4%
10Y IRR
6.8%
Property Type-Detached
MLS® Number-X13851958
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-740 × 2193.78 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,963.17 (2026)
Parking-12 - Detached
Basement-None
Heating-Water (Oil)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-60-89 days
Neighbourhood-Rural Southwest Middlesex
Title-Residential Freehold

No agent assigned

Welcome to this exceptional 46.174 acre property located just outside Newbury, offering a unique combination of productive farmland, comfortable country living and additional income potential. Set along a paved road, the property features approximately36 acres of predominantly sand loam soil, systematically tiled, currently rented for cash cropping, providing an excellent opportunity for agricultural investment. The 2026 crop belongs to the existing land tenant. An additional approximately 8 acres of bush adds privacy, natural beauty and recreational appeal to the property. The well-maintained 2-bedroom bungalow offers comfortable country living with a 4-piece bathroom and oil-fired furnace with hot-water registers providing warmth throughout. The home is complemented by several useful outbuildings, including a detached garage measuring approximately 23'7" x 27'5",featuring a concrete floor and hydro, ideal for vehicles, hobbies, storage or workshop use. A spacious drive shed, approximately49'6" x 29'5", with a dirt floor provides excellent additional storage for equipment, farm implements and recreational vehicles. Additional property features include two wells, with one currently in use, and an asphalt shingle roof approximately 6 years old. Adding further value is the existing solar panel installation, generating approximately $1,130 in income twice annually and providing an attractive supplementary revenue stream 8 acres of bush, a comfortable bungalow, substantial outbuildings and solar income, this versatile property offers an appealing opportunity for farmers, investors or buyers seeking the space and tranquility of rural living. Accessed by paved road, this property combines functionality, privacy and income potential in one desirable package.

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Closing Costs

Mortgage Amount
$960,000
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$5,629/mo
Mortgage $4,840
Monthly Loss $4,355
Principal$1,274
Interest$3,567
Property Tax$414
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 975 Concession Drive

Time

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