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1101 Derry Road

1101 Derry Road

Milton, ON

  • 4 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Farm
  • 424 days on market
$4,250,000Price reduced 9%

Are you seeking a turnkey farm operation conveniently located near the GTA? Or a farm with local government approval for special crop businesses and no close neighbors? Look no further! Presenting an exceptional opportunity in the prestigious town of Milton. Just minutes away from major cities and highways, this expansive 23.5-acre property boasts fertile sandy loam soil, 2 acres of meticulously maintained greenhouses, a charming 4-bedroom house, and a tranquil pond. With nearly six decades of stewardship under the same family, this rare gem offers immediate potential for flower and vegetable cultivation, plus ample room for expansion with its flat, open landscape and natural gas connection. The package includes essential amenities such as two gas boilers, a loading dock, spacious barns for storage, and all necessary farm equipment and tools. Benefit from proximity to the GTA, ensuring seamless access to millions of potential customers. With urban expansion and population growth on the horizon, the value of this prime land is poised to skyrocket, featuring 751 feet of frontage along business Highway 7. Seize this extraordinary opportunity! The current owner is eager to assist you, and a Vendor Take-Back Mortgage is possible. Don't let this rare chance slip away . act NOW!

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Listing Details

Taxes (2024)
$2,500
Originally Listed
$4,688,000
Listed
April 3, 2024

Price History

Listing history

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Property

Style
2-Storey
Construction
Vinyl Siding
Interior
Carpet Free

Parking

Covered Spaces
0
Total Parking
10

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
Derry /Region rd 24
Zoning
Agriculture
Parcel Number
249680004
Occupancy
Owner

Schools

Elementary

  • Kilbride Public School2 km

    Public · Halton DSB · 245 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 63% met the provincial standard

  • Our Lady of Mount Carmel Catholic Elementary School3.4 km

    Catholic · Hamilton-Wentworth CDSB · 275 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 54% met the provincial standard

  • Balaclava Public School3.5 km

    Public · Hamilton-Wentworth DSB · 315 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 47% 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 L7P

Population
29,777
Private dwellings
11,060
Median age
44
Average household size
2.7
Median household income
$117,000

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

Residential Freehold in Milton · last 12 months

Median sold price
$924,950
Homes sold
1,490
Median days on market
21
Sale-to-list price
98.2%

Based on 1,490 recorded sales of residential freehold properties in Milton over the last 12 months.

Rooms

4-piece, 2-piece

Ground

  • Bedroom 223' x 19'8"

Listed by

RIGHT AT HOME REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$850,000

Estimated Monthly Payment

$20,879

Land transfer tax

Estimated land transfer tax$92,725

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: $20,879/mo (20% down, 5.5%)

Taxes: $208/mo · Insurance: $1,063/mo

Estimates only. Consult a financial advisor.

R

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