4961 Merritt Rd N

Lincoln | | L3J 1J2
  • 4
  • 3
  • 0

$3,288,000

Est. Mtg $11,149 /mo
  • Days on market

    210

  • Status

    Sc

Listing Broker RIGHT AT HOME REALTY
Since listed: 2 views

Home details

MLS #:

X8109840

Property type:
Farm
Style:
2-Storey
Taxes:
$7,341
Possession:
Lot Front:
554.43   Feet
Lot Depth:
429.23   Feet
Basement:
Finished | Full
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


4961 Merritt Rd N, , Lincoln, Ontario is a Farm property in Lincoln and in the community in the L3J 1J2 postal code


Located in the prestigious wine and fruit region, near Lake Ontario and the QEW, this property features 5.38 acres with a 554.43 ft of frontage and 429.33 ft of depth. The site boasts a well-maintained 90,000 sqft steel-framed structure, glass Venlo greenhouses, two excellent boilers, a 600-volt 3-phase electrical service, a climate control system, and access to natural gas. Additionally, there is a loading dock and a substantial 1.1-million-liter pond and 60 k gallon cistern. The property is beautifully landscaped with well-organized buildings, a spacious outdoor parking area, and 16,800 sqft of warehouse/barn space. There are two residences on the site, one with 1,873 sqft, featuring a gorgeous two-story design with 4 bedrooms, 3 bathrooms, and a two-car garage. The other residence is a 1 1/2-story with 800 sqft, two bedrooms, and one bathroom. Conveniently located less than one hour from GTA and the USA, near cities and amenities. It's an ideal place to live, enjoy, business and with potential for significant land value appreciation..

Extras

With ample storage space and proximity to the QEW, it offers great potential for business operations or rental income. Several generations have contributed to the creation of this beautiful property. Take action today before it's too late.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2023-09 2024-03 $3,288,000 $3,288,000 Exp X7028184
2024-03 2024-09 $3,288,000 $3,288,000 Sc X8109840

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM
2024-09 2095 Hollow Rd, $1,599,900 $1,400,000 31
2024-03 364 Shannon Rd, $775,000 $755,000 132
2023-11 1073 Brush Sdrd, $1,050,000 $930,000 107
2023-07 1454 138 Way, $2,550,000 $1,985,000 176
2023-05 1165 Enright Rd, $399,000 $367,999 56
2023-01 43670 Sider Rd, $990,000 $990,000 14
2022-05 40966 Forks Rd, $1,200,000 $1,150,000 12
2022-03 1117 Spitzig Rd, $3,499,900 $3,775,000 6
2022-01 500 Trueloves Rd, $1,499,999 $1,570,000 107
2022-01 8182 Biggar Rd, $9,999,000 $9,200,000 310
2021-11 40635 Forks Rd, $910,000 $842,000 12
2021-09 1647 Cooper Rd, $1,150,000 $1,140,000 57
2021-07 7003 Longwoods Dr S, $999,999 $940,000 53
2021-06 713916 Middletown Line, $999,999 $1,306,000 9
2021-04 40635 Forks Rd, $899,900 $890,000 9

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Lincoln :

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


Estimated running costs for 4961 Merritt Rd N

Based on available 3rd party data

$11895

Approximate costs per month

Mortgage
$11149 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$611 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$11760 monthly. In association with: TD Bank
%
  • Principal and Interest
    11149 /mo
  • Property Taxes
    $611 /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

Emmalay Rattana, Realtor

Similar properties you may like