5892 Old Mill Rd

Essa | Rural Essa | L0M 1T0
  • 0
  • 0
  • 0

$1,199,000

Est. Mtg $4,065 /mo
  • Days on market

    137

  • Status

    New

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Since listed: 1 views

Home details

MLS #:

N11888011

Property type:
Vacant Land
Style:
Taxes:
$2,115
Possession:
Immediate
Lot Front:
2106.79   Feet
Lot Depth:
846.84   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


5892 Old Mill Rd, , Essa, Ontario is a Vacant Land property in Essa and in the Rural Essa community in the L0M 1T0 postal code


Wow....This is an exciting opportunity and a gorgeous piece of land. With planning changes due in 2025 what would you like to do with this 33+ acres? This land is a mostly flat, irregular shaped land parcel with vehicle access currently enabled via Old Mill Road (currently a dead end street). Aside from some well-maintained dirt trails within the Site, it is largely vacant with no structures present. The Site appears to be agricultural land which was left and native successional species have established. There appears to be a small wetland feature located on the western portion of the property. No other streams or waterways exist on the property. According to the Township of Essa Zoning By-Law 2003-50, the entire Site is located within the Agricultural (A) zone with Special Provisions. The Site is situated immediately north,and just outside of, the Townships Settlement Area of Utopia, which contains a settlement of Residential, Low Density, Detached (R1) zoned properties. South of those properties exists the Utopia Conservation Area, a Environmental Protection (EP) zoned area which consists of Bear Creek, woodlands, and a wetland feature. The zoning of the Site and its surrounding environment are depicted in picture 5. The small settlement area of Utopia, located to the immediate south of the Site, consists of single detached homes on deep lots of approx. 0.4ha in size. Beyond this area consist of a mixture of large agricultural lots, interspersed with dense vegetation along side Bear Creek(the Utopia Conservation area). An aerial view of the Site and surrounding environment is provided in picture 7. **EXTRAS** The Township is currently reviewing its Official Plan which presents a potential opportunity to have the Township consider incorporating these lands in the settlement area as part of their review..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-02 2022-03 $1,350,000 $1,400,000 Sld N5509244
2024-07 2025-01 $1,399,000 $1,399,000 Exp N9050286
2024-08 2024-12 $1,399,000 $1,399,000 Ter N9263554
2024-12 2025-02 $1,199,000 $1,199,000 New N11888011
2023-08 $1,350,000 $1,350,000 N6314439
2024-07 $1 $1 N8413818
2024-12 $1,399,000 $1,399,000 N9263549
2024-12 $1,399,000 $1,399,000 N9043470
2022-03 $1,350,000 $1,350,000 N5509251

Comparables

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sold Date Address List Price sold Price DOM
2025-01 6444 3rd Line, $399,900 $389,903 59
2024-11 5446 10th Line, $409,900 $409,900 6
2024-09 5389 Scotch Line, $3,749,000 $3,200,000 70
2024-07 Lot 1 6th Line, $239,900 $200,000 140
2023-08 7702 County Rd 27 Rd, $989,000 $850,000 21
2023-04 6357 County Rd 56, $299,000 $230,000 112
2023-02 Lot 2 6th Line, $199,900 $185,000 36
2022-06 7477 6 Line, $249,900 $279,000 9
2022-06 Pt3Lt14 3rd Line, $599,000 $599,000 6
2022-04 5703 10th Sdrd, $299,900 $289,155 30
2022-03 5183 9th Line, $2,888,888 $2,600,000 64
2022-03 5892 Old Mill Rd, $1,350,000 $1,400,000 23
2022-02 8698 6th Line Line, $420,000 $420,000 4
2022-01 7 Fern Lane, $399,000 $350,000 217
2022-01 6651 Third Line, $649,000 $625,000 79

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Essa :

Average sale price

$854,210

Properties sold

29

New Listings

54

Days on Market

23

Sale $ / List $

98%

Year on Year Growth

-8.40%



Estimated running costs for 5892 Old Mill Rd

Based on available 3rd party data

$4376

Approximate costs per month

Mortgage
$4065 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$176 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Data Source: TRREB

Payment calculator

$4241 monthly. In association with: TD Bank
%
  • Principal and Interest
    4065 /mo
  • Property Taxes
    $176 /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

Raymond Chin, Realtor

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