
8044 On 602 Highway
Emo, ON P0W 1E0
- —Bedrooms
- —Bathrooms
- —Garage
- —Sq Ft
- $3,588Tax
- —Lot Size
- Free EstimateSee Free Estimate Report
Sale & Price History for 8044 On 602 Highway, Emo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 8044 On 602 Highway, Emo
Summarized Description
- 544 total acres with productive farmland and woodland
- Includes valuable irrigation rights from Rainy River
- Features a pedigreed seed facility authorized by Agriculture Canada
- Homestead includes a three-bedroom, two-storey home
- Multiple storage buildings and grain bins on-site
- Strong growth potential for agricultural investment
- Systematically tile drained cropland enhances productivity
- Located in the scenic Rainy River District of Ontario
This offering includes 544 total acres with 330 acres of of highly productive, tile drained farmland, valuable irrigation rights, and a pedigreed seed facility with Agriculture Canada authorization. Whether you're a producer seeking high quality farmland or an investor looking for a turnkey agricultural asset with strong growth potential, this property combines productivity, natural beauty, and long-term value in one exceptional package. Located two miles south of Emo on Highway 602 in the Rainy River District of Northwestern Ontario, Carpe Diem Farms includes 201acres of systematically tile drained cropland, 174 acres of woodland (with up to 100 acres that could be cleared and restored to farmland), and a homestead featuring a two-storey, three-bedroom home. Additionally, the farm includes two 30' x 100' tarp sheds (repairs needed), multiple storage buildings, and 14 grain bins with a total capacity of 18,000 bushels equipped with a modern air transfer system. The property holds irrigation rights on the Rainy River, allowing for up to 11.2 million litres per day with open term and no fees for agricultural water use. Additionally included in this offering, Blue Lantern Lodge Ltd., located on Carlson Road, Carpenter Township (Concession 3, Part Lot 12), consists of 161acres, including 115 workable acres that are systemically tile drained (25 acres in 1982 and 90 in 2023) and 40 acres of forested land. The current crop rotation includes canola in 2024 and corn in 2025.Purity Seeds Limited, currently dormant, operates from a 6,240 sq./ft pedigreed seed cleaning and storage plant located on the Carpe Diem site. It is the only Agriculture Canada authorized seed cleaning facility in Northwestern Ontario and includes an office and all associated seed cleaning and handling equipment. This is a rare opportunity to acquire a productive and well-maintained Northwestern Ontario farm package with strong infrastructure, irrigation rights, and a pedigreed seed facility.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,588
- Land Transfer Tax Fee
- $49,115
Interior Features
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Farm
Inclusions
- Inclusions
- For a complete list of chattels and fixtures included, please contact Listing Agent.
Heating & Cooling
- Water
- Well
- Municipality
- Emo
- Main cross streets
- George Road
- Zoning
- A
- Directions
- rom Emo, head south on HWY 602.Farm is just south of George Roadon the east and west side.
- MLS® number
- X14030246
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-14
- Updated on
- 2026-10-14
- Days on market
- 2 days
- Possession type
- Flexible
- Co-op commission
- 1% plus HST
- Seller
- Listed by
- JUST FARMS REALTY
Home Market Value
Current home valuation for 8044 On 602 Highway, Emo, , . Listed for $2,505,600
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 8044 On 602 Highway, Emo
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Mortgage Payment Calculator
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$501,120
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,004,480 | $1,879,200 | $1,753,920 | $1,628,640 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $9,787monthly | $9,175monthly | $8,564monthly | $7,952monthly |
Land Transfer Tax
$49,115
$49,115
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