Ideally located between Allenford and Elsinore, this 96.4-acre mixed-use farm offers an excellent opportunity for farmers, investors or those looking to expand their agricultural land base. Approximately 83 acres (No GPS) are currently in hay and pasture, providing a substantial workable land base. The property features Chesley Silty Clay Loam soil and a spring-fed pond, adding both agricultural appeal and natural beauty to the property. The farm includes a solid bank barn with 5 box stalls and loose housing, along with numerous additional outbuildings offering a variety of storage and agricultural uses. The existing house is in poor condition and offers little value; however, the real opportunity here is the land and the potential it provides. Whether you're looking to expand an existing farm operation, establish a smaller agricultural enterprise or invest in a well-located rural property, this 96.4-acre parcel deserves a closer look. Good land, excellent location and opportunity waiting to be realized - now is the time to make your move!
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $999 per square foot. Chat with Zara if you'd like a deeper read on whether this farm fits your budget and timing.
Inside 7414 21 Hwy
Every detail from the listing, in one place.
Type
Farm
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
96.44
Listing & possession
Property style
Bungalow
Property class
Farm
7414 21 Hwy Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14124622$1,499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7414 21 Hwy Compares to the Arran-Elderslie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,364
/mo
based on the purchase price of $1,499,000
$299,800 cash
$1,199,200 financed
$1,010,041 total interest
Principal54%$1,199,200
Interest46%$1,010,041
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on 21 Highway? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 7414 21 Hwy with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 7414 21 Hwy day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 7414 21 Hwy
Homes for sale in Arran Elderslie
Every active Arran Elderslie MLS® listing, updated all day.
Average days on market69Homes sold in about 69 days on average.
Sale-to-list ratio94.2%On average, homes sold below asking.
Active listings53Homes for sale here right now.
Median vs prior 90 days−0.7%Compared with May 1 – Jul 30, 2026: prices down.
Based on 32 sales from Jul 30 – Oct 28, 2026 (19 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7414 21 Hwy
How much is 7414 21 Hwy listed for?
7414 21 Hwy is listed at $1,499,000 (MLS® X14124622). Summitly updates the price as soon as the MLS® record changes.
Is $1,499,000 a good price for 7414 21 Hwy?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Arran-Elderslie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7414 21 Hwy changed?
No — 7414 21 Hwy is still listed at its original asking price of $1,499,000.
How many bedrooms and bathrooms does 7414 21 Hwy have?
7414 21 Hwy has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a farm home in Arran-Elderslie.
How much would the monthly mortgage be on 7414 21 Hwy?
About $7,364 a month — principal and interest on $1,499,000 with 20% down ($299,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7414 21 Hwy compare with other homes in Arran-Elderslie?
Its asking price of $1,499,000 is about 235% above the median sold price in Arran-Elderslie over the last 90 days, $447,000, across 32 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7414 21 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 7414 21 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7414 21 Hwy?
7414 21 Hwy is in Arran-Elderslie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7414 21 Hwy been on the market?
7414 21 Hwy was listed today (October 28, 2026).
What is the price per square foot of 7414 21 Hwy?
About $750 to $999 per square foot: the asking price of $1,499,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 7414 21 Hwy have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 7414 21 Hwy have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
