764059 240 Side Road, Melancthon

$2,195,000
764059 240 Side Road

$2,195,000

New
9d
Detached2-Storey

764059 240 Side Road, Melancthon

Total Monthly Obligation $9,551

Beds
5
Baths
3
Park
6
Sqft
2000-2500
DOM
9d
Yield
1.5%
Cash on Cash
-15.9%
Cap Rate
1.2%
5Y IRR
3.3%
10Y IRR
5.2%
Property Type-Detached
MLS® Number-X14030988
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-1363 × 3300 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,857.78 (2025)
Parking-9 - Attached
Basement-Full, Finished
Heating-Baseboard (Electric)
Brokerage-Wilfred McIntee & Co Limited
Cooling-None
Laundry-No
Fireplace-Family Room, Rec Room, Living Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Melancthon
Title-Residential Freehold

No agent assigned

100 Acre Farm Property in Melancthon! A versatile farm property offering approximately 50+ acres of workable farmland, mixed bush, a large pond and an established homestead. The spacious two storey home features 5 bedrooms and 3 bathrooms, with hardwood flooring, a woodstove, family sized kitchen and attached sunroom. Outside, the property is well equipped with a triple car garage and an impressive 32' x 100' drive shed, providing excellent space for equipment, vehicles and storage. Recent improvements include a new roof in 2025. Don't miss out on this excellent balance of productive farm land, recreational space, mixed bush and a picturesque pond!

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Closing Costs

Mortgage Amount
$1,756,000
Land Transfer Taxes$41,350
Legal Fees (Est.)
$
Total cash required for closing$481,850

Total Monthly Obligation

$9,551/mo
Mortgage $8,854
Monthly Loss $7,221
Principal$2,330
Interest$6,524
Property Tax$321
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 764059 240 Side Road

Time

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