36067 Third Line, Southwold

$1,850,000
36067 Third Line

$1,850,000

New
3d
DetachedBungalow

36067 Third Line, Southwold

Total Monthly Obligation $8,196

Beds
4
Baths
3
Park
10
Sqft
1500-2000
DOM
3d
Property Type-Detached
MLS® Number-X14103592
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-989.04 × 1853.66 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,300 (2026)
Parking-12 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX a-b Realty Ltd Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Electric, Fireplace Insert, Living Room, Natural Gas, Wood, Rec Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-To be determined
Neighbourhood-Rural Southwold
Title-Residential Freehold

No agent assigned

46 acre farm with a charming ranch style home and large 38 x 61 shop/barn. Private setting, mature trees and brick/stone combination on this home. Once inside the welcoming foyer, you will find a bright open kitchen with generous size eating area and quartz countertops. Adjacent to the kitchen is a formal dining room, living room with a cozy gas fireplace and plenty of natural light. The main floor also includes a master bedroom with 3pc ensuite, walk-in closet and 2 more bedrooms (one currently used as an office) and a main 4pc bathroom. Beautiful hardwood flooring throughout the main floor and modern tile in foyer. On the lower level you will find a large games room, a family room with a wood burning fireplace, a fourth bedroom and 2pc bath. Separate entrance to the lower level from the garage allows easy conversion to an in-law suite if desired. The attached garage is large and can easily accommodate a full size truck. Nature lovers will enjoy walking the trails through the woods to the 2 ponds. Solar income approx. 10k per year with contract expiring in 2031. Tenancy for the home is $33,000 per year. Shop is rented for $6,000 per year. Whether you are looking to farm it yourself, rent out the land, or enjoy as a hobby farm, this is your chance! Approximately 35 acres are workable, systematically tiled and currently planted into wheat. Convenient separate driveway to the shop/barn which features hydro, water and a 16 x 22 overhead door. New septic and raised bed 2022, new furnace & A/C 2021, fiber optics available for working from home, 220 amp upgrade 2008, gas generator with automatic transfer switch. Convenient location only minutes to the 401, and a short drive to St. Thomas or London. Country living at its best with paved road and municipal water.

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Closing Costs

Mortgage Amount
$1,480,000
Land Transfer Taxes$33,475
Legal Fees (Est.)
$
Total cash required for closing$404,975

Total Monthly Obligation

$8,196/mo
Mortgage $7,462
Monthly Loss $6,232
Principal$1,964
Interest$5,499
Property Tax$358
Home Insurance$125
Variable Costs$250

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

Comparables

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