$525,000
For sale: Detached

A rambling, fascinating four-bedroom steel-roofed farmhouse on 263 acres just north of Mountain Grove and Hwy 7. A Rogers radio tower has been strapped with steel cables to the top of what is apparently the highest point in Central Frontenac and provides guaranteed income of $776.41 each month, plus $1500 per year. It's a stupidly pretty mix of mixed forest, along with a small amount of meadow/pasture (20 to 30 acres, maybe) mostly next to the road. That gravel road in to the house bisects the clear waters of Sharbot creek, running north to the horizon and rolling distant hills. You could spend a lifetime cataloguing the flora and fauna and wildlife, or simply exploring, You could use the farmhouse as the base for a fishing and hunting camp (bass, pike, deer, bears, and even - though rarely - moose), and this may well be the most straightforward future. That blue roof is keeping everything warm and dry, and the floor plan is interesting and features some cathedral ceilings and elevated walkways, some 19th century beams, but a full restoration would take both time and money. This very large, very beautiful property is located an hour north of Kington, ninety minutes from Ottawa and about three hours east of Toronto. HST may well be applicable to a portion of the sale, but those pastures are quite limited and are not presently in use.
Sold data
Detached homes in Frontenac (Frontenac Centre) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 61, across 126 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $599,000.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 126 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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