$1
For sale: Detached

Welcome to 422 McClung Rd. - A Unique Long-Term Investment Opportunity. An exceptional opportunity for the savvy long-term investor seeking a substantial farmland holding with future potential. This picturesque 50.244-acre farm features a charming two-storey farmhouse, barn, and detached garage, offering both existing agricultural value and exciting long-term possibilities. Ideally located just a few kilometres north of the rapidly expanding urban boundary of Caledonia and outside Ontario's Greenbelt, the property presents an opportunity to acquire a significant land holding in an area experiencing continued growth and development. The farmhouse and farm are currently leased, and the farmland is actively rented for agricultural purposes. The existing farmer retains the right to harvest the current crops. The landlord wishes to respect the privacy of the existing tenants. Access to and viewings of the farmhouse will be limited and will only be permitted upon an accepted offer, subject to the terms agreed upon by the parties. LISTING PRICE: $1.00 - MARKETING STRATEGY. The $1.00 list price is a marketing strategy intended solely to generate interest and encourage prospective purchasers to submit offers. It does not represent the seller's actual expected purchase price or an indication that the property will be sold for $1.00.
Sold data
Detached homes in Haldimand took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 65, across 112 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.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 $677,944.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 112 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Haldimand has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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