$1,732,500

For sale

Colonel Talbot Road, Norfolk - Vacant Land for Sale

Colonel Talbot Road, Norfolk, Ontario, N4G4G9

114 ft²114 acres lotListed 21 days ago

Overview

This lot in Norfolk is for sale offering roughly 114 sq ft of space. It has been on the market 21 days, fresher than the Norfolk average of 81 days.

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Description

114 Acres of bare land in Ontario's Garden County ofNorfolk, located 6 Miles south of Tillsonburg, and only4 miles East of Straffordville, near the crossroads ofColonel Talbot and Norfolk County Road 23. The acreage here is made up of 82 Productive Workable acres with the balance being a healthy mixed bush and a 1/4 acre irrigation pond. The Soil type on the land here is pretty typical for Norfolk County, with theFront Field being a lighter ground, great for growing produce, or cash crops, with access to the pond. Agood portion of this field is systematically tile drained@ 30 Foot spacing. The back field is also seasonally accessible from the Baseline road, where you have 35workable acres containing a bit of a heavier soil type, great for all typical cash crops. The zoning on this property also offers an amazing opportunity to take advantage of the picturesque setting to build your dream home in the country! (id:66096)

Property Details

MLS®: X14030176
Property Type: Vacant Land
Zoning: A
Interior Size: 114 ft²
Lot Size: 114 acres
Frontage: 506 ft
Price per Acre: $15,197 per acre
Property Tax: $3,966.66/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Norfolk listings, avg age

81d

Price / ft²

$15,197

List price

$1.73M

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 has been listed for 21 days, which is 60 days fresher than the city average of 81. Act while there is still low competition.

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Listed by RE/MAX CENTRE CITY REALTY INC · BRAD BOUMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4G)

This home lists at $1,732,500, about 23.1× the local median household income of $75,000.

Carrying it typically needs a household income of about $338,418 (20% down, 25-yr amortization, stress-tested) — roughly 351% above the area median.

Median household income: $75,000
Population: 21,519
Median age: 47.6
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4G)

$1,732,500· $15,197/ft²

For sale

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