1281 SCOTLAND Drive, London South, ON N6N 1L1 – London South – $3,500,000

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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!

Property Details

• Bedrooms: 3
• Property Type: Commercial
• List Price: $3,500,000
• Parking Spaces: 20
• Tax Year: 2024
• Annual Taxes: $4,018