1281 Scotland DR new

London,ON N6N 1L1

$ 3500000

3 Beds

3 Baths

- SqFt


Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision South Bb

MLS Listing ID X12010169

Style Bungalow

Bedrooms 3

Annual Tax Amount $4,018

Tax Year 2024

Lot Size 50.000 Acres

Property Sub-Type Farm

Property Description

Prime Investment Opportunity - 80 Acres of Farm Land in the City of London! A rare chance to own 80 acres of prime farmland inside the City of London - an incredible investment with future potential! This property offers 70 workable acres, including 10 systematically tiled acres (2019) at the front and 60 acres of randomly tiled land, ensuring excellent productivity. The remaining 8 acres include a home, a large 60' x 30' all-steel drive shed (with two 11.6' x 11.6' doors and a concrete floor installed in 2021), and 8 solar panels generating additional passive income - solar contract to be transferred to the new owner. Multiple Streams of Income : Land Rental - Strong agricultural income potential. Solar Panels - Steady passive income with an existing contract. Future Development Potential - Situated inside city limits for long-term growth. The well-maintained 3-bedroom, 2-bathroom bungalow features a large 45' x 16' deck off the back, perfect for entertaining. A new concrete front porch, sidewalk, and parking area (2021) enhance the home's curb appeal. The spacious eat-in kitchen offers easy access to the rear covered deck, while the fully finished basement provides ample storage and a large family rec room. Outside, enjoy endless possibilities - from farming and rental income to summer bonfires, outdoor gatherings, and peaceful country living, all while being minutes from city amenities. An unbeatable investment in farmland, income streams, and future potential. Call today to book your private showing and secure this exceptional property!

Location

Province ON

County Middlesex

Community South Bb

Area Middlesex

Rooms

Family Room Yes

Basement Finished,Full

Kitchen 1

Interior

Interior Features Central Vacuum,On Demand Water Heater,Propane Tank,Sump Pump,Water Heater Owned,Water Softener,Water Treatment

Cooling None

Fireplace No

Heat Source Propane

Exterior

Exterior Feature Deck,Privacy,Porch,Year Round Living

Parking Features Private Double

Pool None

Waterfront Description None

View Clear

Roof Type Metal

Topography Dry,Flat

Lot Frontage 901.89

Lot Depth 2148.0

Total Parking Spaces 30

Building

Unit Features Golf,Hospital,School Bus Route,Tiled/Drainage

Foundation Concrete,Poured Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

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