PT LT 8 QUEENS LINE, West Elgin

$1,206,000

For sale: Other

Other at PT LT 8 QUEENS LINE, West Elgin
Property type
Farm
MLS®
MLS® X13860630
Neighbourhood
Rural West Elgin

Own 63 acres of farmland located in the growing community of Rodney, Ontario. This parcel offers approximately 53 workable acres of sandy loam soil and random tiled, making it well suited for vegetable crops. Conveniently located just 50 minutes west of London, 40 minutes east of Chatham, and 10 minutes to Lake Erie and Port Glasgow, this property provides easy access to major centres and amenities.The sale is conditional upon the severance of the residence and outbuildings - 2.64 acres. NOTE: This parcel could be purchased with an additional 65 acres to the south and 7 acres to the west zoned future residential.

Sold data

Homes in West Elgin — recent sold market

Homes in West Elgin took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 56, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.

The median sale price was $444,450.

Homes sold for about 4.0% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$444,450
Sale-to-list ratio
96.0%
Sold above asking
4%

Based on 68 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near PT LT 8 QUEENS LINE