$799,900
Norfolk
580 Queensway, Norfolk, Ontario, N3Y4J9
This lot in Norfolk is for sale. It has been on the market 48 days, fresher than the Norfolk average of 81 days.
Discover the potential of 580 Queensway West in Simcoe - a rare 2.56-acre vacant parcel of land positioned just minutes west of the town's growing commercial and residential core. With excellent exposure along Highway 3 (Queensway West), this property offers outstanding visibility and accessibility, making it an attractive opportunity for investors, commercial developers, and home builders seeking a strategic land acquisition. Zoned MR (Rural Industrial), the property supports a wide range of potential uses including agricultural-related businesses, contractor yards, machine shops, processing facilities, storage operations, and even the possibility of a single detached dwelling, providing flexibility for both commercial ventures and residential development. The lot's generous frontage and depth create a versatile footprint that can accommodate a variety of development concepts while still maintaining a peaceful rural atmosphere just a short drive from Simcoe's amenities, services, and growing economic activity. For developers or entrepreneurs looking to establish a business that benefits from steady highway traffic and regional connectivity, the location along Queensway delivers strong exposure to vehicles traveling through Norfolk County and surrounding communities. Key due-diligence steps are already complete, with a Phase II Environmental Report finalized and a survey available, helping streamline the path toward development. Whether you envision a strategic commercial operation, investment holding, or a unique residential build with space and privacy, 580 Queensway West represents a compelling opportunity to secure prime development land in a high-visibility corridor near Simcoe. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 81 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 vacant land in Norfolk has been listed for 48 days, which is 33 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 10.3× the local median household income of $77,500.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3Y)
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