$4,500,000

$4,778,000For salePrice drop↓ $278,000 (6%)

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847 Charlotteville Rd 10 Road, Norfolk - Vacant Land for Sale

847 Charlotteville Rd 10 Road, Norfolk, Ontario, N0E1W0

201 ft²201 acres lotListed 175 days ago

Overview

This lot in Norfolk is for sale offering roughly 201 sq ft of space.

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Description

UNIQUE business & investment opportunity for SALE Under Power of Sale As is and Where is. Over 200 ACRES of luscious green land currently being used and operated as a golf club with additional 7-bedroom beautifully renovated cottage, offering strong potential rental or air bnb income. A great investment opportunity awaits you in this well kept home/business located in close proximity to the town of Simcoe as well as Turkey Point beach. *Long-standing and highly profitable business *Property being sold under Power of SALE on "As is & Where is Basis", buyers are encouraged to complete their own due diligence regarding measurements, zoning, condition and intended use of the property *Information provided is believed to be reliable but not warranted. (id:66096)

Property Details

MLS®: X13124640
Property Type: Vacant Land
Zoning: A
Interior Size: 201 ft²
Lot Size: 201 acres
Frontage: 4,394 ft
Price per Acre: $22,365 per acre
Property Tax: $1/yr
Listed: 175 days ago

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

175d

Norfolk listings, avg age

82d

Price / ft²

$22,388

List price

$4.50M

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.

Haho

This vacant land in Norfolk is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REALTY ASSOCIATES INC. · Julia Khrisanfova

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0E)

This home lists at $4,500,000, about 48.9× the local median household income of $92,000.

Carrying it typically needs a household income of about $879,008 (20% down, 25-yr amortization, stress-tested) — roughly 855% above the area median.

Median household income: $92,000
Population: 36,557
Median age: 46
Owner / renter: 88% / 12%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0E)

$4,500,000· $22,388/ft²

For sale

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