8863 Wellington 124 Road, Erin, ON N1H 6H7

For Sale 39 days on Market MLS® X12835780

Asking Price

$2,995,000

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8863 Wellington 124 Road, Erin, ON N1H 6H7

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Overview

Active

Investment land - 19.11 acres adjacent to existing residential subdivision in the hamlet of Ospringe at the intersection of Highway 124 & 125. 3 bedroom farmhouse, 2200 Sq Ft bank barn, 7200 Sq Ft coverall. Generate income while waiting on development. The opportunity is waiting for you. **EXTRAS** vendor financing available. Re-zoning and due diligence the responsibility of the buyer.

Bedrooms

Bathrooms

2.0

Area

1,750 sqft

Lot Size

21.2 acres

Type

Detached

Property Details

Year BuiltNot Disclosed

CityErin

Postal CodeN1H6H7

Lot Dimensions831.00 × 1113.00 ft

Parking20 spaces

Interior Features

Heat: Radiant

Heat Source: Oil

Cooling: None

Style: 1 1/2 Storey

Exterior & Land

Sewer: Septic

Construction: Vinyl Siding

Roof: Asphalt Shingle

Utilities & Services

Heat SourceOil

SewerSeptic

Financial Information

List Price$2,995,000

Annual Taxes$2,874 (2025)

Days on Market39

MLS® X12835780 • Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

8863 Wellington 124 Road, Erin, ON N1H 6H7

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Purchase Calculator

Home Price

$2,995,000.00

Location

Down Payment

$628,950.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

8863 Wellington 124 Road, Erin, ON N1H 6H7

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