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21502 DRAKE Road

21502 DRAKE Road

Merlin, Ontario

  • Agriculture
$449,900

Approximately 25 workable acres of productive Brookston Clay Loam soil, currently operating under an alternating 2 year soybean and 1 year wheat rotation. An excellent opportunity to expand your existing farming operation, add to your investment portfolio, or secure land for future agricultural growth. Beyond its strong farming potential, this property also offers exciting possibilities for those envisioning a dream country home or hobby farm setting. With ample space and potential long-term value, it presents a rare chance to invest in both lifestyle and land. Conveniently located just 20 minutes from both Chatham and Tilbury, providing rural tranquility with easy access to amenities and services. Property access is available at the southeast corner near the windmill. All building permits and future intended uses are subject to the due diligence of the buyer

Price History

Schools

Elementary

  • Merlin Area Public School4.1 km

    Public · Lambton Kent DSB · 135 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 42% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0P

Population
53,140
Private dwellings
23,162
Median age
46
Average household size
2.4
Median household income
$80,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Agriculture in Merlin · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of agriculture properties in Merlin over the last 12 months.

Walk Score

0

Walk

25

Bike

Scores by Walk Score®

Location

Street View

Mortgage Calculator

$89,980

Estimated Monthly Payment

$2,210

Land transfer tax

Estimated land transfer tax$5,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,210/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $112/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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