1632 Highway 3, Norfolk (Delhi), Ontario, N4B2W9
This farm in Norfolk is for sale offering roughly 900 sq ft of space.
A Rare Opportunity - 38.63 Acres of Endless Potential with Vendor Take-Back Financing Available! Discover the possibilities on this approximately 38.63-acre farm, offering approximately 30 workable acres currently rented at $400 per acre annually, providing immediate income potential. Surrounded by nature, this unique property features a beautiful freshwater trout stream and pond, creating a peaceful country setting just minutes from shopping, schools, banks, and churches. The property includes a 3-bedroom home with an in-ground kidney-shaped swimming pool, a 100 x60' pack barn, pole barn, 2-car detached garage, large workshop, two 200-foot greenhouses, and numerous independent storage units formerly used for tobacco drying. With fertile, productive soil suitable for a wide variety of crops, this property is ideal for farmers, hobby farmers, investors, or those seeking a country estate with income potential. A rare financing opportunity! The seller is willing to provide an attractive Vendor Take-Back (VTB) mortgage at a competitive interest rate, for a term of up to 4 years, subject to mutually agreed terms and buyer qualification. A true diamond in the rough-bring your vision and unlock this property's incredible potential! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 100 days on market, against an average age of 102 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed agriculture in Norfolk (Delhi) has been listed for 100 days, which is 2 days fresher than the city average of 102. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,599,999, about 20.5× the local median household income of $78,000.
Carrying it typically needs a household income of about $312,536 (20% down, 25-yr amortization, stress-tested) — roughly 301% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4B)
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