Overview

This farm in Norfolk is for sale offering roughly 900 sq ft of space. It has been on the market 71 days, fresher than the Norfolk average of 81 days.

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Description

Nestled in the heart of Norfolk County, offering an opportunity for expanding farming operations or potentially building a custom country estate. Featuring a versatile mix of productive soils well-suited for cash crops. Beyond its farming capabilities, the property presents gorgeous, scenic settings ideal for constructing a dream home in a quiet rural landscape. Convenience is a standout feature, as this acreage is located just a short drive from the vibrant lakeside community of Port Dover and the full urban amenities of the Town of Simcoe. Embrace a peaceful country lifestyle without sacrificing accessibility to local markets, and major roadways. Whether you are looking to scale up your current agricultural enterprise or plant roots in a fertile and welcoming region, this unique 48-acre property delivers endless potential and long-term value. (id:66096)

Property Details

MLS®: X13711918
Property Type: Agriculture
Zoning: A
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 0
Parking: 12
Interior Size: 900 ft²
Lot Size: 989 × 2047 ft (46.47 acres)
Frontage: 989 ft
Basement: None
Heating: Other
Garage: No Garage
Property Tax: $2,225.82/yr
Listed: 71 days ago

Market Timing

Days on market

71d

Norfolk listings, avg age

81d

Price / ft²

$1,333

List price

$1.20M

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 1-bed agriculture in Norfolk has been listed for 71 days, which is 10 days fresher than the city average of 81. Act while there is still low competition.

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Area context

Neighbourhood profile (N0A)

This home lists at $1,200,000, about 13.6× the local median household income of $88,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 166% above the area median.

Median household income: $88,000
Population: 31,957
Median age: 50.8
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N0A)

$1,200,000· $1,333/ft²

For sale

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Financing

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883 Lynn Valley Road, Norfolk - Agriculture for Sale

Description

Property Details

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Market Timing

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Neighbourhood profile (N0A)

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