47 Days on Market

1101 DERRY Rd, Milton, Ontario L7P 0E2

$4,688,000
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Detached
-
-
~1500 sqft

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Highlights

Estimated Value$1,076,000*

Price/Sqft$3,125/sqft

Days On Market47 days

Est. Mortgage$20,133/mth

Tax Amount (2024)$2,500/yr

*Last updated on: 24/05/19

Description

Are you in search of a turnkey farm operation conveniently located near the GTA? Look no further! Presenting an exceptional opportunity nestled in the prestigious town of Milton. Just minutes away from major cities and highways, this sprawling 23.5-acre property boasts fertile sandy loam soil and features 2 acres of meticulously maintained greenhouses alongside a charming 4-bedroom house and a tranquil deep pond. With a rich history spanning nearly six decades under the stewardship of the same family, this rare gem offers not only immediate potential for flower and vegetable cultivation but also ample room for expansion, thanks to its flat, open landscape and natural gas connection. The package includes essential amenities such as two gas boilers, a loading dock, and spacious barns for storage, along with all necessary farm equipment and tools. Benefit from the proximity to the GTA, ensuring seamless access to millions of potential customers for your produce. Moreover, with urban expansion and population growth on the horizon, the value of this prime land is poised to skyrocket in the years to come, boasting a commanding 751 feet of frontage along business highway 7. Seize the moment and unlock the full potential of this extraordinary property. The current owner, with their wealth of experience and goodwill, is eager to assist you in ensuring the continued prosperity of this thriving agricultural haven. Don't let this rare opportunity slip through your fingers, act NOW !


Property Details

Style2 Storey
View-
Age of property-
SqFt~1500 SqFt
Lot Size-
Parking Spaces8
MLS ®NumberH4189591
Community NameNelson
Board NameRAHB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fully Finished

Parking

Garage spaces 1

Garage type Attached, Gravel

Other parking spaces 7

Total parking spaces 8


Property History

Now
Listed for$4,688,000
47 days on market
history photo preview50
Now
Listed for$4,688,000
47 days on market
history photo preview50
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Property listed by Right At Home Realty, Brokerage

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Comparable Sales

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Sold for $•••,•••
797 Irving Terr, Milton
••••••••• sq ft
Listed by Royal LePage Meadowtowne Realty Inc., Brokerage
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Sold for $•••,•••
798 Frobisher Blvd, Milton
••••••••• sq ft
Listed by RE/MAX NOBLECORP REAL ESTATE
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Sold for $•••,•••
631 Clover Park Cres, Milton
••••••••• sq ft
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

Market DataFor the past 30 days in Nelson

Median Selling Price

$1,611,000

19.30% more than GTA:

$1,350,000

Median Bidding

Underbidding - Trending to buyer market

-$70,000

GTA median: -$9,000

Median Number of Sales

24 sales

2928 sales less than GTA:

2952 sales

Median Number of Days on Market

26 days

16 days more than GTA:

10 days

Want more insights?Visit the Market Pulse


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