Overview
- Updated On:
- May 16, 2023
- 3 Bedrooms
- 1 Bathrooms
- 846 ft2
Description
The 125+/- acre waterfront property is 30 minutes to the west of London city limits. It has 88+/- acres of workable farmland bordering on the Thames River, a beautiful forest with a creek for hiking and enjoying nature. The old farmhouse, shed and barn have a tenant who raises organic long-horned cattle and quarter horses on the pasture. A separate driveway leads to the larger acreage of Brady & Ekfrid sandy loam soil supporting corn and soybeans that is currently sharecropped with a neighbouring farmer.
If you are thinking about retirement planning or estate plans, consider owning a farm property. Although we cannot advise you of the tax advantages, they can be learned from your financial advisor. In addition to the farm land, this property features more than 30 acres of your own forest and creek, and a private location to build your future dream home all in this single package. The property currently qualifies for municipal tax reduction and may qualify for Land Tax Incentive Programs. If this opportunity sparks your interest give us a call to learn more!
- Principal and Interest
- Property Tax
- HOA fee
