1281 Scotland Drive, London | Image 1

1281 Scotland Drive

London, South BB

  • Commercial

$3,500,000
For Sale

Added 2 weeks ago

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  • Type: Farm

  • Property Type: Commercial

  • Business Type: Cash Crop

  • Zoning: AG2, ER

  • Age: 31-50 years

  • Taxes: 4018.31

  • MLS®#: X12010159

  • Added: Mar 10, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: ROYAL LEPAGE TRILAND REALTY

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

  • Status: Sale

  • Type: Cash Crop

  • Property Type: Farm

  • Property Type: Agricultural

  • Age: 31-50

  • Area: London

  • Community: South BB

Inside

  • Bathrooms: 2

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • UFFI: No

  • Green Verification Status: N

  • Water Supply Type: Drilled Well

  • Water Supply: Well

Parking

  • Garage Type: None

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2024

  • Tax Legal Description: Part North 1/2 Lot 7, Concession 6 as in 730324; subject to 2602

  • Taxes: $4,018

  • Taxes Type: Annual

Land

  • Cross Street: Highbury & Old Victo

  • Municipality District: London

  • Parcel Number: 082010005

  • Lot Depth: 2148 Acres

  • Lot Frontage: 901.89 Acres

  • Lot Irregularities: 80 acres

  • Zoning: AG2, ER

Commercial Specific

  • Total Area: 2574

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

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