5193 Eighth Line
5193 Eighth Line
$13,999,000
$8.24/sq ft · 3 days on market
About This Listing
An exceptional investment opportunity in one of the GTA's most strategic growth corridors. Approximately 38.5 acres of beautiful farmland growing organic produce ideally positioned at the boundary of Milton, Mississauga and Oakville. This productive property features a spacious 3128 SF century home w/natural gas heating, several sheds&large 65' by 33' 2 storey barn equipped w/a hoist & inline dance floor, offering outstanding infrastructure 4 farming, storage & equipment. The property is located within the urban & municipal boundary of the Town of Milton. An Official Plan Amendment approved on June 26, 2026 identifies these lands within a Future Economic Growth Area, making this a compelling opportunity 4 investors seeking long-term appreciation while benefiting from current agricultural use. Buyers are encouraged to complete their own due diligence regarding future land use, planning and development potential. A rare advantage is that the property is located outside the Niagara Escarpment Commission limits, outside the Provincial Greenbelt, & outside designated Provincial Natural Heritage Areas as per att. map. Backing onto Highway 407, the farm enjoys exceptional exposure & accessibility while neighbouring Mississauga's newest residential communities and the Mattamy Community Centre to the east. An extensive network of year-round roads throughout the farm provides excellent internal access 4 equipment & operations. The property also offers panoramic views toward the Mississauga & Toronto skylines. Opportunities 2 acquire a large farm that never used pesticides in such a highly strategic location are becoming increasingly scarce. Currently used 4 sheep grazing, bee-keeping&cash crops. Whether your objective is urban agricultural production, land banking, or acquiring a significant holding within an expanding urban/employment/commercial/industrial region, this remarkable property offers exceptional present-day utility & outstanding long-term investment potential.
| Monthly Mortgage (P&I) | $60,992 |
| Property Tax (MLS) | $302 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $61,294 |
Down payment: $2,799,800 (20.0%) · Mortgage: $11,199,200
Property tax uses MLS annual tax of $3,623/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REALTY SPECIALISTS INC.
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.
Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.
MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.
Data last updated: August 23, 2026 at 12:25 p.m.