$2,450,000
Norwich
594440 59 Highway, Norwich, Ontario, N4S7V8
Located just 3 minutes from the 401, south of Woodstock, this outstanding opportunity to acquire a high-potential 25-acre rural investment property in a prime location. This is a rare offering that combines strong current income with significant long-term investment potential. Approximately 20 acres of flat, highly productive farmland are currently leased, generating immediate and stable cash flow. The remaining 5 acres feature a well-maintained approximately 2,400 sq. ft. four-bedroom, 2 bathroom home, also leased to long-term reliable tenants who are willing to stay or vacate, providing flexibility for investors or personal use. A standout feature of this property is the extensive collection of outbuildings, offering exceptional versatility and income potential. Notable structures include a drive shed (approx. 130' x 60'), a truck garage (60' x 60'), and a garage/workshop/toy storage building (24' x 60'). Totalling more than 13,000 square feet of storage space, these facilities are well-suited for equipment storage, rental income, workshop uses, or home-based business operations. Currently Zoned A2 (Agricultural), the property supports a wide range of permitted rural and agricultural uses, making it an ideal fit for investors, farmers, tradespeople, or entrepreneurs seeking a strategic base in a growing region. Purchasers are encouraged to investigate future land use, zoning and development possibilities. Opportunities of this scale, offering acreage, infrastructure, and diversified income streams in such a sought-after location are exceptionally rare. This is a chance to secure land, income, and future value in one compelling package. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 132 days on market, against an average age of 75 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 60 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed agriculture in Norwich is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,450,000, about 31.4× the local median household income of $78,000.
Carrying it typically needs a household income of about $478,571 (20% down, 25-yr amortization, stress-tested) — roughly 514% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4S)
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