1281 Scotland Dr

London | South BB | N6N 1L1
  • 3 + 0
  • 3
  • 0

$3,500,000

Est. Mtg $11,867 /mo
  • Days on market

    28

  • Status

    New

Listing Broker ROYAL LEPAGE TRILAND REALTY
Since listed: 2 views

Home details

MLS #:

X12010169

Property type:
Farm
Style:
Bungalow
Taxes:
$4,018
Possession:
Lot Front:
901.89   Acres
Lot Depth:
2148.0   Acres
Basement:
Finished | Full
Driveway Pkg:
30
Heat:
Propane | Water

Description


1281 Scotland Dr, , London, Ontario is a Farm property in London and in the South BB community in the N6N 1L1 postal code


Prime Investment Opportunity - 80 Acres of Farm Land in the City of London! A rare chance to own 80 acres of prime farmland inside the City of London - an incredible investment with future potential! This property offers 70 workable acres, including 10 systematically tiled acres (2019) at the front and 60 acres of randomly tiled land, ensuring excellent productivity. The remaining 8 acres include a home, a large 60' x 30' all-steel drive shed (with two 11.6' x 11.6' doors and a concrete floor installed in 2021), and 8 solar panels generating additional passive income - solar contract to be transferred to the new owner. Multiple Streams of Income : Land Rental - Strong agricultural income potential. Solar Panels - Steady passive income with an existing contract. Future Development Potential - Situated inside city limits for long-term growth. The well-maintained 3-bedroom, 2-bathroom bungalow features a large 45' x 16' deck off the back, perfect for entertaining. A new concrete front porch, sidewalk, and parking area (2021) enhance the home's curb appeal. The spacious eat-in kitchen offers easy access to the rear covered deck, while the fully finished basement provides ample storage and a large family rec room. Outside, enjoy endless possibilities - from farming and rental income to summer bonfires, outdoor gatherings, and peaceful country living, all while being minutes from city amenities. An unbeatable investment in farmland, income streams, and future potential. Call today to book your private showing and secure this exceptional property!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-03 2025-03 $3,500,000 $3,500,000 New X12010169
2024-01 $488,000 $488,000 X7415975
2024-02 $340,000 $340,000 X7897899
2024-02 $4,499,000 $4,499,000 X7970628

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1281 Scotland Dr

Based on available 3rd party data

$12337

Approximate costs per month

Mortgage
$11867 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$334 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Golf
  • Hospital
  • School Bus Route
  • Tiled
Listing Broker ROYAL LEPAGE TRILAND REALTY
Data Source: TRREB

Payment calculator

$12202 monthly. In association with: TD Bank
%
  • Principal and Interest
    11867 /mo
  • Property Taxes
    $334 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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