90020 Gilmour Line, Morris Turnberry

$739,000
90020 Gilmour Line

$739,000

Price Change
155d
Farm

90020 Gilmour Line, Morris Turnberry

Total Monthly Obligation $3,847

Beds
0
Baths
0
Park
0
DOM
155d
Property Type-Farm
MLS® Number-X13157346
Beds-0
Lot Size-251.48 × 310.65 ft
Listed on site-May 21, 2026
Building Type-Farm
Taxes-$5,898 (2025)
Heating-Propane Gas
Brokerage-THE CANADIAN HOME REALTY INC.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate if assuming tenants
Neighbourhood-Turnberry
Title-Commercial

No agent assigned

Rare live-work, investment, and hobby farm opportunity near Wingham, 2.5 hours from Toronto. This unique rural property offers a traditional 4-bedroom, 2.5-bath farm-style home of approximately 1,500-2,000 sq. ft., paired with extensive outbuilding infrastructure on approximately 2 acres of flexible-use area. Ideal for investors, contractors, entrepreneurs, hobby farmers, or multi-generational families, this property offers a rare combination of residential comfort, workspace, storage, and future upside. The home features a large kitchen, living room, main-floor laundry, main-floor bedroom, and 1.5 baths on the main level, making it well suited for multi-generational living or main-floor convenience. Upstairs offers additional bedrooms, beautiful oak stairs, and a second living area with potential for more bedrooms, office space, or a private retreat. Additional features include an unfinished basement, drilled well, new septic system, almost-new propane furnace, and A/C with a transferable warranty. The outbuilding setup includes an approximately 40x60 insulated workspace/shop with plumbing, electricity, and a 2-piece bathroom, plus an attached approximately 40x40 garage with two overhead doors and potential space for 6-8+ vehicles, depending on layout and use. A 20x40 hobby farm area with water access adds further flexibility. Excellent potential for live-work use, storage, workshop needs, hobby farming, renovation, expansion, or investment upside, subject to zoning and approvals. A portion of the property appears to have been subject to a zoning amendment. Buyer and buyer's representative to verify zoning, permitted uses, building sizes, acreage, measurements, warranties, taxes, systems, septic, well, development potential, and all property details. Seller, listing brokerage, and listing representative make no representations or warranties.

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Closing Costs

Mortgage Amount
$591,200
Land Transfer Taxes$11,255
Legal Fees (Est.)
$
Total cash required for closing$160,555

Total Monthly Obligation

$3,847/mo
Mortgage $2,981
Monthly Loss $3,063
Principal$784
Interest$2,196
Property Tax$492
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 90020 Gilmour Line

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.