Ontario Land for Sale: Farms, Acreages and Recreational Properties
What are some of the benefits of owning land in Ontario?
There are many benefits of owning land in Ontario, including:
- Owning a piece of Ontario! This beautiful province may just be the Best Place to Live in Canada!
- You may be exempt from property taxes for undeveloped land
- The ability to develop the land into whatever you want. Golf course? Park? Sanctuary?
There are many benefits of owning land, including privacy, security and investment potential. Is the country life for you?
What is the process of buying vacant land in Ontario?
Are you searching for Land for sale? The process of buying vacant land can vary depending on the type of land you're interested in. However, generally speaking, the process will involve:
- Finding a property that meets your needs and interests - Search for land for sale on our website! After entering in your search criteria you can set up a profile and properties matching your criteria will be emailed to you. Our listings are generated from MLS under our agreement with the Canadian Real Estate Association.
- Making an offer to purchase the parcel - Whether you're buying land for personal residential use, recreation or commercial purposes, using local real estate agents is always good idea! Local Realtors can help determine the right price (current market value) and provide other valuable information about the location. They search through listing data and other online resources to identify the potential pros and cons of a property.
- It's important to either do your due diligence ahead of time or include a condition in your offer if you intend on using your property for anything other than what it is currently being used as. This is particularly important when you're purchasing vacant land located in a town or city. If you would like to build your dream home, you'll want to make sure you inquire with the local municipality to ensure you'll be able to meet minimum lot size requirements, setbacks etc., before firming up on your offer to purchase. Be sure to make use of the local GIS Maps to learn more about the land for sale.
- Finalizing the sale with a lawyer - Information provided on MLS, maps, agents and other online website resources is often deemed reliable, but may not tell the whole story about properties. Your real estate lawyer will search data including the title on the subject parcel before finalizing the sale.
- Getting title insurance
What are some things to consider when buying vacant land in Ontario?
When buying land in Ontario, there are a few things you'll want to take into consideration:
- What is the zoning of the property?
- Can I build on the vacant land? If so, what are the restrictions?
- Is there any EP (Environmental Protection) this may be associated with water sources on the property like rivers and flood plains?
- How much work needs to be done on the property before it's ready for development/use. Will I have to clear trees?
- Are you building a home for your family? Does the vacant land have year-round access? What is the proximity to the highway, services and school? What services are nearby?
- How long has the land been on the market? This can be telling as it may indicate that others have done their homework and discovered issues. This can also be an indication of how hard it will be for you to sell the land down the road!
- Does the property face east, west, north or south? This may seem redundant, but it's important to consider how your property and dream home will interact with the sunrise and sunset!
- How far North is it located? If you're coming from the South, you're likely acclimated to more mild winters. The further North you go, the longer the winter season lasts.
- Does it have a River? A water source can add personal value for things like fishing and irrigation, but also increase the re-sale value.
- Soil type - Different types of soil in Ontario can have a huge impact on the usability of land. You'll want to find out if there are any drainage issues or other concerns that may affect your ability to use and develop the property. Do you plan on farming the land? The type of soil can have an impact on what types of crops grow best!
How much does an acre of vacant land cost in Ontario?
The cost of an acre of land in Ontario varies depending on the location and zoning. However, on average, you can expect to pay around $4000-$5000 per acre.
How much does it cost to build a house in Ontario?
It depends on what type of home you plan on building. If you're looking for something simple, like an outbuilding or cottage, then it can cost as little as $50,000-$100,000. Thinking of building your dream home? For a larger house with more amenities, the price can go up to $200,000 or even higher.
How big of a home can I build on my land?
The size of the home you can build on your land will depend on the property type, zoning and regulations in your area. You may be able to build a home up to 4000 square feet, or even larger if you have enough acreage.
What kind of animals can I have on my property?
You can have any type of animal you want, but keep in mind that some will require a permit for slaughter or keeping as pets. You should check with local authorities before buying land!
Can I raise livestock on my land?
Again, this will depend on the zoning and regulations in your area. In some cases, you may be able to raise livestock on your property, while others prohibit it. Be sure to check before you buy!
Real Estate Professionals
Dreaming of the county life? It's likely no surprise that you can leave the City of Toronto and with the sale of your little home, you can build a great family home with acreage, in a city or town in rural Ontario. Simply connect with one of our Realtors. Using your search criteria we can set up email alerts so that you're notified of new listings of land for sale in your area.
If you are thinking about listing your home for sale, we would happy to help with the sale! Our agents have access to previous listings for sale on MLS can help you make an informed decision on the list price of your home before placing it on the market. Our team special in single-family homes, residential, and commercial.
If you have any questions about buying land in Ontario, don't hesitate to contact us! We'll be happy to help you every step of the way.
Canadian Real Estate Association
Data generated on this website, and information provided is from sources deemed reliable but is not guaranteed accurate. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA
Residential school located near the highway on the south side, and other services that is privately owned by a local commercial business. The commercial business is owned by a local farmer. You can sell your vacant land on this website. Visit the website of the local town or city where the vacant land is located.
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